RBA Chairman Philip Lowe: There is a strong correlation between overseas inflation and Australian inflation.

Lowe, Chairman of the Reserve Bank of Australia: believes that an inflation target of 2-3% is suitable for Australia.

Reserve Bank of Australia Chairman Lowe: For low-income workers, it is completely understandable to get inflation compensation.

RBA Chairman Philip Lowe: Fiscal policy is generally neutral and monetary policy is tight.

U.S. Secretary of State Blinken and the Saudi Crown Prince discussed the Yemen issue and economic cooperation.

U.S. Secretary of State Blinken met with Saudi Crown Prince Mohammed bin Salman.

According to US media reports, on June 6, local time, a shooting occurred at a high school graduation ceremony in Richmond, Virginia, USA, resulting in 2 deaths and 13 injuries. 1 suspect has been arrested.

RBA Chairman Lowe: Some medium-term indicators of inflation expectations have risen sharply.

RBA Chairman Lowe: The path back to the 2-3% inflation range may require relatively slow economic growth over a period of several years.

RBA Chairman Lowe: The desire to maintain job market growth does not mean the committee will tolerate high inflation continuing.

Lowe, Chairman of the Reserve Bank of Australia: The April CPI data has not been revised, and the assessment of inflation is on a downward trend.

RBA Chairman Philip Lowe: There are signs that high interest rates are working and inflation is falling.

Lowe, Chairman of the Reserve Bank of Australia: The road to achieving the inflation target is still bumpy and faces two-way risks.

RBA Chairman Lowe: Whether to raise interest rates further depends on the development of the economy and inflation.

RBA Chairman Philip Lowe: It is too early to declare victory against inflation.

RBA Chairman Philip Lowe reiterated that further monetary policy tightening may be needed.

RBA Chairman Lowe: The RBA is wary of inflation risks being too high and lasting too long.

U.S. Secretary of State Blinken will meet with the Saudi Crown Prince in Jeddah on June 7.

Australia May AIG Performance of Construction Index -6.6, previous value -12.4.

Binance.US: Looking forward to defending ourselves in court.