Tag Archives: Christopher Kent

Australia’s central bank kept its benchmark cash rate unchanged at 3.60% on Tuesday, in line with market expectations, while cautioning that inflation risks have shifted to the upside. Concluding its two-day policy meeting, the Reserve Bank of Australia (RBA) said it needed more time to assess the persistence of price …

The Reserve Bank of Australia (RBA) kept interest rates steady at 4.1% on Tuesday, as widely anticipated, while acknowledging progress in lowering inflation but maintaining a cautious stance amid economic uncertainties. Key Takeaways from the RBA Decision: Cash Rate Held at 4.1%: This follows a 25-basis-point cut in February. Inflation …

The Reserve Bank of Australia (RBA) maintained its benchmark interest rate at 4.35% on Tuesday, reaffirming its commitment to restrictive monetary policy to address inflation concerns. The RBA emphasized that its top priority remains guiding inflation back within its 2-3% target range, though it refrained from committing to specific future …

Assistant Governor Christopher Kent of the Reserve Bank of Australia stated on Monday that retaining bonds till maturity has no effect on the present balance sheet breakdown. At the time of writing, the AUD/USD pair is trading at 0.6490, up 0.02% on the day.Key Quotes“The outlook for inflation and monetary …