Philip Lowe leaves clues his rate-rising work may be done – bar an Easter finale | Peter Hannam

The RBA governor has ditched his hawkish tone and the odds now seem to favour just one more rise, probably in April – but that could change

There are, as Reserve Bank governor Philip Lowe reminded us as he announced a record 10th consecutive interest rate rise, “a range of potential scenarios for the Australian economy”.

One scenario, it seems, involves interest rates not rising much further. In fact, the RBA’s pre-Easter gathering on 4 April may mark the final rate hike in this cycle.

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