Lowe admits 'embarrassing' error on 2024 rate rise - The Australian Financial Review

RBA governor Philip Lowe said an internal review of its so-called forward guidance during the pandemic would be conducted and findings released later this year.

Dr Lowe said the extraordinary circumstances of the pandemic first hitting in 2020 had made it incredibly challenging to forecast the future of the economy. Youre faced with a global pandemic, he sa… [+1563 chars]

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