The last two governors of the Reserve Bank of Australia have had their terms extended to complete a decade in one of the nation's most important economic jobs.

But the current governor, Philip Lowe, might not.

Last week, Lowe faced a grilling from politicians about rising interest rates and the state of the economy, fuelling growing doubts that his term will be renewed.

Today, senior economics correspondent Shane Wright joins Chris Zappone to discuss Lowe’s days of reckoning and the future of the Reserve Bank of Australia.

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