Reserve Bank of Australia Assistant Governor Christopher Kent: “monetary policy is currently configured to support growth in demand”

Market news

20 October 2014

Reserve Bank of Australia Assistant Governor Christopher Kent: “monetary policy is currently configured to support growth in demand”

The Reserve Bank of Australia Assistant Governor Christopher Kent said t the Leading Age Services Australia National Congress in Adelaide on Monday that "monetary policy is currently configured to support growth in demand". He added that that inflation is expected to remain within its 2% to 3% target.

Kent focused more on the challenges and opportunities of an ageing population.

Gold: an overview of the market situation

U.S. Stocks open: Dow 16,380.41 +263.17 +1.63%, Nasdaq 4,258.44 +41.05 +0.97%, S&P 1,886.76 +24.00 +1.29%

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.