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RBA’s Kent Questions Rate Restrictiveness as Labor Market Cools Faster Than Expected

Reported · Written up by our desk · Major Pairs

Reserve Bank of Australia Assistant Governor Christopher Kent questioned whether monetary policy is sufficiently restrictive despite four interest rate increases this year, pointing to evidence that neutral interest rates may be rising both domestically and globally. Speaking at a banking conference on Monday, October 19, Kent expressed confidence that policy is “somewhat restrictive”, but said […] The post RBA’s Kent Questions Rate Restrictiveness as Labor Market Cools Faster Than Expected appeared first on ActionForex .

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