Interest rates: Lowe’s not the problem, the system is rotten

The Sydney Morning Herald

Interest rates: Lowe’s not the problem, the system is rotten

The RBA governor, Dr Philip Lowe, is under unprecedented scrutiny, but it’s delusional to think that fixing the inflation problem with “monetary policy” is simply a matter of finding a better person to run the central bank.

February 12, 2023 • Ross Gittins

🔗 smh.com.au

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