RBA Kent: we are inflation targeters
Publish Date : 2019/08/13 - 06:05

Reserve Bank of Australia Assistant Governor, Christopher Kent, pointed out in his speech that the RBA focuses on inflation targets rather than unemployment.

He added that it is unlikely to turn to negative interest rates. But lower interest rates will support demand, lowering the Australian dollar and lower AUD provide stimulus to economy.

It is also not necessary to use unconventional policies, but it is not unlikely; negative rates can be called the most severe type of unconventional policies.

Source: Fxstreet

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