RBA’s Kent: Low interest rates, low AUD helping economy rebalancing

Additional headlines crossing the wires via Bloomberg from RBA assistant governor Kent:

Inflation target has a degree of flexibility

Risk of lower target is if we see lower inflation expectations

But no need to make adjustments to inflation target now

Low interest rates, low AUD helping economy rebalancing

Current monetary policy quite stimulative

 

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AUD/USD keeps the red below 0.7400 on RBA’s Kent

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