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RBA’s Kent - large exchange-rate movement may be big shock to economy

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 6, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Reserve Bank of Australia’s (RBA) Kent was on the wires calling large exchange rate movement could result in a big shock to the economy.

    Key quotes

    Inflation low, likely to remain so for some time

    International factors on local inflation typically persistent

    Monetary policy stance may alter if outlook change significant

    Outlook may change if view on how econ evolves revised
    But link between forecasts, policy not mechanical
    For more information, read our latest forex news.
     

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