Reply To: Central Bank Watch – Fed, HKMA, BOE, Norges, BSP, CBC and SNB All Hike Rates Amid Banking Crisis


Christopher Kent, Reserve Bank of Australia Assistant Governor (Financial Markets) is speaking this morning in Sydney.

Q&A now, Headlines via Reuters:

We were not involved in the central bank swap operation
Banking problems are just one of many considerations for monetary policy
Global banking system lot stronger than a decade ago
Problems are with a few institutions that were badly mismanaged
Impact on Australian markets have been modest
Board will take account of financial conditions in deciding on rates