Philip Lowe
Philip Lowe is an Australian economist who served as the Governor of the Reserve Bank of Australia (RBA) from 2016 until 2023. Known for his expertise in monetary policy, Lowe played a crucial role in navigating the Australian economy through challenging periods, including the COVID-19 pandemic. He gained attention for coining the term 'narrow path' to describe the delicate balance required to manage inflation while maintaining employment levels. Under his leadership, the RBA implemented various interest rate adjustments to support economic recovery. His insights into global economic dynamics and trade policy have been influential in shaping Australia’s economic outlook.
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Australia:
Previous Reserve Bank governor Philip Lowe coined the term 'narrow path' to describe the difficulties facing the country.
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