[ccpw id="5"]

Home.forex news reportRBA's Hunter says focused on US policy settings, how they'll impact Australian...

RBA's Hunter says focused on US policy settings, how they'll impact Australian inflation

-


Reserve Bank of Australia Assistant Governor (Economic) Sarah Hunter spoke at an event in Sydney.

Full text:

In summary:

  • February statement reflected the RBA board being more cautious than the market about prospects for further easing
  • Focused on US policy settings and how they will impact inflation in Australia
  • Rebound in household consumption in December quarter not just a temporary pick-up
  • Link between RBA’s forecast and board’s policy decision not mechanical
  • Always risks and uncertainties around the central forecast

Hunter emphasizing the RBA will be taking a slow approach to rate cuts ahead. Which is what we’ve been thinking. Well, me anyway.

This article was written by Eamonn Sheridan at www.forexlive.com.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Klarna, nearing IPO, wins fintech partnership from Affirm

Swedish fintech firm Klarna will be the exclusive provider of buy now, pay later loans for Walmart, taking a coveted partnership away from rival...

Event Guide: Canada’s CPI Report (February 2024)

Will Canada's February CPI data support the Bank of Canada's (BOC) inflation concerns? Or will we see a downside surprise that could reignite interest rate...

Acuity Trading and interop.io Partner to Improve Financial Data Access

BitMart's Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart's...

TNB Tech Minute: China’s Baidu Releases an AI Model to Challenge DeepSeek

Plus, Elon Musk’s xAI is buying a startup that makes AI-generated videos. And Swedish fintech Klarna replaces Affirm as Walmart’s buy-now-pay-later provider. Victoria Craig...

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe

Most Popular

spot_img