RBA boss apologises to Australians who bought homes after he forecast likely low interest rates

ABC News

RBA boss apologises to Australians who bought homes after he forecast likely low interest rates

Reserve Bank Governor Philip Lowe has apologised to Australians for giving them unclear guidance that led to hundreds of thousands taking out big mortgages in the expectation that interest rates would stay low until 2024.

November 28, 2022 • Nassim Khadem

🔗 abc.net.au

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