RBA Kent: Policy tightening is effective, but inflation risks are on the rise
2026-08-13 10:16:34
According to CoinMeta, Chris Kent, assistant governor of the Reserve Bank of Australia (RBA), said in an interview with Reuters that the tightening policies of RBA are having an effect, but the inflation risk remains on the rise. He pointed out that although the current policies are effective, flexibility is still needed, and further interest rate hikes may be necessary in the future to address inflation risks. Kent emphasized that borrowing costs and mortgage payments have increased, as has the Australian dollar exchange rate, which helps to alleviate inflationary pressures on import prices. Overall, the tightening bias of RBA still exists, despite the expected effects of the current policies.
Source:Internet
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