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RBA Assistant Governor Kent said there is reasonable evidence that neutral interest rates are rising in Australia and abroad
StockNow breaking-news AI analysis
Kent reported rising neutral-rate evidence and mixed demand signals, while questioning whether policy is restrictive enough; the available evidence is limited to a brief breaking-news report.
News detail
Confident policy is somewhat restrictive, but it is questionable whether it is restrictive enough. Household demand is softening, but business credit remains strong. Tax adjustments on housing move monetary policy in a favourable direction. Cautious about monthly employment figures but noted that the labour market has become less tight. Market reaction to the labour market data was reasonable.
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