RBA Stevens: Commodity prices still falling, AUD has adjusted

Author: Eamonn Sheridan | Category: Central Banks

Reserve Bank of Australia Stevens continuing:

  • Says AUD has adjusted
  • Notes commodity prices still falling


Stevens is implying a further AUD fall would be appropriate



  • Further CPI impact of AUD depreciation to come
  • AUD rate matters to policy but we don't target it


Stevens has been hard at it today ... all these from earlier:

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