Australian Treasurer Says RBA Review to Guide Decision on Lowe [BNN Bloomberg (Canada)]
Lowe's Companies, Inc. (LOW)
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Source: BNN Bloomberg
The results of the review will “feed into our thinking” about the RBA's leadership, Chalmers told Australian Broadcasting Corp. radio on Thursday. 392885436 “Not because we've asked for some kind of performance review of the governor, but because we want to learn from best practice and give the RBA the best structures and institutional settings we can,” he said. The final report from the three-member panel is due in March and Chalmers said he'd consult with the prime minister and cabinet and make a decision on the governor's reappointment around mid-2023. When asked if Lowe's days as central bank chief might be numbered, Chalmers rejected the assertion. “That's not what I'm trying to say,” he said. “We do have this really important review being handed to me in March and responded to some point. After that it would be strange, I think, not to factor in some of those conclusions in whatever we decide about the role of the governor.” Lowe has faced mounting criticism in recent y
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