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 ...