Opinion

Lowe’s silence a setback for investors’ RBA obsession

The Reserve Bank governor will break his two-month hiatus when he faces parliamentarians on February 17. In a period of uncertainty, is that too long?

Jonathan ShapiroSenior reporter

Feb 9, 2023 – 8.08am

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For the last four years, it’s been standard operating practice for the Reserve Bank governor Philip Lowe to kick the year off with a speech over lunch hosted by the National Press Club.

That appearance has been an important one on the calendar because it breaks the extended summer hiatus that arises due to the absence of a January policy meeting.

Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney.