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The Reserve Bank's move to raise rates twice in the past two months has caught many Australians by surprise, because only last October, the RBA was saying rates weren't likely to rise before 2024. The Reserve Bank Governor Philip Lowe very rarely grants interviews, but he made an exception for 7.30 today. Subscribe: http://ab.co/1svxLVE Read more here: https://ab.co/3zygrMj ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation. For more from ABC News, click here: https://ab.co/2kxYCZY Watch more ABC News content ad-free on iview: https://ab.co/2OB7Mk1 Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2 Like ABC News on Facebook: / abcnews.au Follow ABC News on Instagram: / abcnews_au Follow ABC News on Twitter: / abcnews Note: In most cases, our captions are auto-generated. #ABCNews #ABCNewsAustralia