Governor of the Reserve Bank of Australia (RBA) Philip Lowe attends the G20 Finance Ministers and Central Bank Governors Meeting in Nusa Dua, Bali, Indonesia, 16 July 2022. Made Nagi/Pool via REUTERS SYDNEY – The head of Australia's central bank suffered an early end to his 43-year career on Friday as past missteps in pandemic policy so tested public trust in the institution that the government felt compelled to drop him. If there's a moral to the tale of Reserve Bank of Australia (RBA) Governor Philip Lowe it's that when it comes to policy stimulus, no matter how well meaning, it is possible to do too much.
https://business.inquirer.net/410189/australias-central-bank-loses-chief-to-public-ire-over-rates#inquirer
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