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RBA’s Kent: RBA will adjust policy if needed to meet targets

Following his speech, Reserve Bank of Australia Assistant Government  Kent said in a Q/A that AUD/USD  might have been higher without recent rate cuts.

 

  • Global policy easing is still positive for Australia.
  • Too low a likelihood of QE  in Australia, long way away from that.
  • Market expectations for federal reserve rate cuts should be already priced into currencies.
  • RBA will adjust policy if needed to meet targets.

 

 

 

 

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