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Australia to Switch to New System for Monetary Policy Implementation

(Bloomberg) -- Australia’s central bank will act to ensure enough liquidity is available to keep the financial system running smoothly as billions of dollars of bonds it bought during the pandemic fall due, according to Assistant Governor Christopher Kent.Most Read from BloombergTrump’s Net Worth Drops $1 Billion as Social Media Firm SinksErdogan Suffers Historic Loss in Turkey Municipal ElectionsA Million Simulations, One Verdict for US Economy: Debt Danger AheadTrump Media&#x2019...
Garfield Reynolds Bloomberg Businessweek Christopher Kent European Central Bank Assistant Governor Christopher Reserve Bank
Source: yahoo.com

RBA Drops Rate-Hike Discussion as Risks Seen a Bit 'More Even'

(Bloomberg) — Australia’s central bank signaled a further shift toward a neutral stance as minutes of its March meeting showed the board didn’t consider the case to raise interest rates for the first time since May 2022. The Reserve Bank made no mention of rate-hike discussions in the minutes released Tuesday, while noting the balance…
United Kingdom New South Wales Emma Partis Jerome Powell Christopher Kent Haidi Lun

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