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Australia's financial conditions influenced by global factors, central banker says
Yahoo Finance·2025-11-26 10:06

SYDNEY (Reuters) -A senior Australian central banker said on Wednesday ​the country's financial conditions were ‌influenced by global factors, with low equity risk ‌premia and credit spreads suggesting conditions may be easier than otherwise. In a speech in Sydney, Penelope Smith, head of international ⁠department at the ‌Reserve Bank of Australia, said the cash rate is not the ‍only influence on the cost of finance in Australia, but the extent of impact from international ​developments was highly uncerta ...