09:46:07
RBA Assistant Chairman Kent: CPI data is important, but it is not the only consideration for policy.
09:44:56
RBA Assistant Chairman Kent: The housing wealth effect is only one factor affecting consumption.
09:44:40
Kent, Assistant Chairman of the Reserve Bank of Australia: Wage growth is rapid in some areas, but overall it is suppressed.
09:36:56
RBA Assistant Chairman Kent: The long-term yield curve has less impact on Australia than on the United States.
09:33:07
U.S. Secretary of State Antony Blinken spoke with Israel’s Minister of Strategic Affairs.
09:31:56
RBA Assistant Chairman Kent: If we are going to sell bonds, it will be done in a way that does not disrupt the market.
09:31:47
Kent, Assistant Chairman of the Reserve Bank of Australia: There is an opportunity to see the economy’s response to previous interest rate hikes.
09:31:29
Kent, Assistant Chairman of the Reserve Bank of Australia: The Reserve Bank of Australia is in the third stage of policy and is paying attention to the development of data.
09:31:11
RBA Assistant Chairman Kent: There are currently no plans to accelerate bond holdings.
09:24:02
White House: US President Joe Biden and Israeli Prime Minister Benjamin Netanyahu agreed to talk again in the coming days during a conference call on Tuesday.
09:23:16
US President Biden had a phone call with Israeli Prime Minister Netanyahu.
09:05:20
RBA Assistant Chairman Kent: The Board is paying close attention to economic developments at home and abroad.
09:05:07
RBA Assistant Chairman Kent: Rising interest rates also increase the incentive to save.
09:04:48
Kent, Assistant Chairman of the Reserve Bank of Australia: Faced with weak consumer spending, many retailers are discounting sales.
09:04:34
RBA Assistant Chairman Kent: The impact of slowing demand growth on inflation is increasing.
09:03:27
RBA Assistant Chairman Kent: Monetary policy is slowing demand growth and inflation.
09:02:54
RBA Assistant Chairman Kent: Mortgage payments account for a record proportion of household disposable income.
09:02:48
The Australian dollar maintained its gains after RBA Assistant Chairman Kent spoke.
09:02:27
Kent, Assistant Chairman of the Reserve Bank of Australia: Currently, about half of the loans have been converted to low interest rates.
09:01:56
RBA Assistant Chairman Kent: Further tightening of policy may be needed.