Economy

Australia govt appoints Michele Bullock as next central bank governor


FILE PHOTO: Two women walk next to the Reserve Bank of Australia headquarters in central Sydney, Australia February 6, 2018. REUTERS/Daniel Munoz/File Photo

 

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SYDNEY (Reuters) – Australia on Friday appointed Michele Bullock as the next central bank governor, replacing Philip Lowe.

Reserve Bank of Australia (RBA) Governor Lowe’s (NYSE:LOW) current seven-year term is due to finish on Sept. 17, and will now mark the end of his 43-year career at the bank.

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