RBA’s Kent: Forward guidance might be less useful here than compared to the US

• No evidence monetary policy overall is more potent in Australia than elsewhere
• Worth reviewing RBA’s approach to forward guidance from time to time
• That includes considering other ways to clarify nature of reaction function

Just some token remarks there as the RBA is still not quite in any position to be cutting rates just yet.

This article was written by Justin Low at www.forexlive.com.