RBA’s Edey: No insights on monetary policy or economy

FXStreet (Bali) – Malcolm Edey, Assistant Governor (Financial System) of the Reserve Bank of Australia, in a speech entitled “The Transition to Central Clearing of OTC Derivatives in Australia”, offered little new insights into monetary policy or economic outlook.

Headlines

“Interest-rate settings around the world are still at exceptionally low levels to support growth.”

“Economies take a lot longer to recover from a financial crisis than they do from other types of downturn.”

Malcolm Edey, Assistant Governor (Financial System) of the Reserve Bank of Australia, in a speech entitled “The Transition to Central Clearing of OTC Derivatives in Australia”, offered little new insights into monetary policy or economic outlook.

(Market News Provided by FXstreet)