Australians have been dealing with the fastest interest rate rises in history, and that's made Reserve Bank governor Philip Lowe somewhat of a household name.
While home borrowers are feeling the pinch of his war on inflation, others who rely on income from higher rates are cheering.
In one of his last public appearances before he finishes his term, Philip Lowe warned rates might yet rise again.
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Read more here: https://www.abc.net.au/news/2023-08-11/philip-lowe-says-the-worst-is-over-for-interest-rate-increases/102717476
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While home borrowers are feeling the pinch of his war on inflation, others who rely on income from higher rates are cheering.
In one of his last public appearances before he finishes his term, Philip Lowe warned rates might yet rise again.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2023-08-11/philip-lowe-says-the-worst-is-over-for-interest-rate-increases/102717476
ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation.
For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
Like ABC News on Facebook: http://facebook.com/abcnews.au
Follow ABC News on Instagram: http://instagram.com/abcnews_au
Follow ABC News on Twitter: http://twitter.com/abcnews
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia
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