Kent Discusses RBA's New Framework for Future Crises

2 sourcesFirst reported 23 days agoUpdated 23 days ago

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Chris Kent, Assistant Governor of the Reserve Bank of Australia, addressed a speech in Sydney.
The RBA will be better equipped to handle future crises due to a review of monetary policy tools.
Kent emphasized that the cash rate target remains the primary tool.
Alternative monetary policy tools will provide additional support during extraordinary situations.

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29 June

Kent discussed the Reserve Bank of Australia's new framework.

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29 June

Kent discussed the Reserve Bank of Australia's new framework.

AI summary: catch up in 20 seconds

Chris Kent, Assistant Governor of the Reserve Bank of Australia, addressed a speech in Sydney.
The RBA will be better equipped to handle future crises due to a review of monetary policy tools.
Kent emphasized that the cash rate target remains the primary tool.
Alternative monetary policy tools will provide additional support during extraordinary situations.

Generated by AI from the 2 sources below · always verify with the originals