RBA asserts Australia is prepared to withstand economic impacts from global trade wars and US tariffs.

The Reserve Bank of Australia (RBA) believes Australia can handle potential economic impacts from a global trade war, particularly from US tariffs. Deputy Governor Andrew Hauser says direct exposure to US tariffs is minimal, and the country's strong trading advantages and ability to adapt will help mitigate negative effects. The RBA remains prepared to adjust its monetary policy to maintain low inflation and full employment.

3 months ago
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