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Philip Lowe is an Australian economist who is the current Governor of the Reserve Bank of Australia, having succeeded Glenn Stevens on 18 September 2016. He was previously deputy governor under Stevens from February 2012 to September 2016.Lowe was born in Wagga Wagga, New South Wales, as the eldest of five children in the family. He attended St Michael's High School and Trinity Senior High School. Lowe later moved to Sydney and was hired by the RBA straight out of high school.