The Latest Breaking News from Reserve Bank

Reserve Bank Governor Philip Lowe is getting terrible press, most of it undeserved.

Australia’s top economists have overwhelmingly endorsed intervention to restrain gas and electricity prices, with only three of the 47 leading economists surveyed believing the best thing the government can do is to leave things to the market.

You may have seen the news: in its attempts to tackle inflation, the Reserve Bank is going to increase unemployment. The idea can even seem to come right from the mouths of experts, including the bank’s governor, Adrian Orr. Speaking recently to an industry conference, he said:

How consumers and government agencies are spending their money will be closely watched by Australia's central bank as inflation bites.

The Australian Greens say the federal government's review of the Reserve Bank should re-imagine how monetary policy should work for the 21st century.

Anthony Albanese says the government can’t afford to provide energy payments or other relief because to do so would put even more pressure on the RBA to raise interest rates – is he right? Three economists have their say

World is watching as experts warn some borrowers could soon owe more than their house is worth

Times are tough in Australia right now, but Reserve Bank boss Philip Lowe doesn’t think you’d want to be anywhere else.

Get up to speed on today's headlines with The Loop.

Interest rates will likely continue to rise to subdue inflation, bank’s quarterly statement says

The Reserve Bank expects a couple of tough years for Australians, with real wages continuing to fall as inflation persists, economic growth slows and unemployment starts to rise.