Reserve Bank governor Philip Lowe has conceded the bank could record multi-billion dollar losses linked to its bond-buying program as interest rates rise, and be forced to cut dividends paid to the federal government.
Philip Lowe says the Reserve Bank is well capitalised.
Loading...
John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
