I posted Lowe’s comments a while back, here: RBA deputy governor Lowe: Stevens’ comments were meant to be light hearted, were misinterpreted
Here’s some more, from the Australian Financial Review (gated):
“I can confirm for you that the board did deliberate for a very long time. I can also confirm for you that the board always deliberates for a very long time,” he said in response to a question from The Australian Financial Review.
He said the meeting started at 9am and finished at 12.45pm as per usual.
Dr Lowe said Mr Stevens’ comments were “light-hearted”.
“Some people in the financial markets and perhaps the press have misinterpreted the intention of those remarks.”
The Financial Times has even more: It started as a joke…
