The day the Reserve Bank got grilled
7am
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What Did Lowe Say About the Senate Estimates Hearing?
There is this suggestion that sometime during the lunch, the market moved and that could be connected to whatever it was that was said. So, what did Lowe say about that? And can we really know whether his speech actually had an effect on the market? Well, it was very interesting. He came to the Senate estimates hearing expecting to be asked about that and wanting to make a statement about it. But his message clearly was, look it wasn't anything I said. It was happening anyway. That's there.
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