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Reserve Bank of Australia Assistant Governor Christopher Kent questioned whether monetary policy is sufficiently restrictive despite four interest rate increases this year, pointing to evidence that neutral interest rates may be rising both domestically and Read more…
Bank of Japan Governor Kazuo Ueda said on Monday that underlying inflation is “quite close” to the central bank’s 2% target, reinforcing the case for further monetary policy normalization. Speaking to parliament on October 19, Read more…
New Zealand’s merchandise trade deficit widened from a revised NZ$1.536B in August to NZ$1.971B in September, substantially exceeding market expectations for a NZ$775M shortfall. The deterioration came despite stronger exports, highlighting the growing pressure from Read more…