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Real-time News
2026-08-13
Kent portrayed this week’s pause as a hawkish pause rather than a dovish shift: policy is now restrictive and earlier hikes are working, allowing time to assess effects. The RBA has tightened 75bps this year, lifting the cash rate to 4.35%. He said c
Kent portrayed this week’s pause as a hawkish pause rather than a dovish shift: policy is now restrictive and earlier hikes are working, allowing time to assess effects. The RBA has tightened 75bps this year, lifting the cash rate to 4.35%. He said current rates are near the upper bound of many models’ neutral-rate estimates; housing is clearly weakening and AUD appreciation is reducing import prices, both helping ease inflation. However, weak productivity is constraining supply, core inflation remains 3.6% (above the 2–3% target band), and upside risks persist, so the door to further tightening is not closed.
2026-08-13
Kent's signal wasn't explicitly dovish, but rather closer to a pause in hawkish sentiment. The core message can be summarized as follows: current interest rates are already limiting, the effects of rate hikes are becoming apparent, and therefore the
Kent's signal wasn't explicitly dovish, but rather closer to a pause in hawkish sentiment. The core message can be summarized as follows: current interest rates are already limiting, the effects of rate hikes are becoming apparent, and therefore the RBA has the capacity to observe for the time being; However, inflation risks remain skewed to the upside, and the door to further rate hikes remains open. The RBA has raised interest rates by a cumulative 75 basis points this year, bringing the cash rate to 4.35%. Kent stated that current interest rates are close to the upper limit of the neutral interest rate range estimated by various models, while the housing market is clearly weakening, indicating that tightening is suppressing demand; a stronger Australian dollar can lower import prices, further helping to cool inflation. This aligns with the logic behind the RBA's decision this week to pause rate hikes and assess the effects of previous tightening. On the other hand, weak productivity is limiting the economy's supply capacity. The latest RBA data shows core inflation remains at 3.6%, above the 2%-3% target range, and the RBA clearly believes that risks remain skewed to the upside.
2026-08-13
RBA's Kent said attention should be paid to adjusted historical average inflation data to enable focus on monthly CPI releases rather than quarterly data.
RBA's Kent said attention should be paid to adjusted historical average inflation data to enable focus on monthly CPI releases rather than quarterly data.
2026-08-13
Reserve Bank of Australia Assistant Governor Kent: We need to focus on historical average inflation data to concentrate on monthly CPI reports rather than quarterly data.
Reserve Bank of Australia Assistant Governor Kent: We need to focus on historical average inflation data to concentrate on monthly CPI reports rather than quarterly data.
2026-08-13
Beijing time: Aug 13, 20:00 — administrative duties at the White House; Aug 13, 23:00 — intelligence briefing at the White House; Aug 14, 02:00 and 03:00 — signing ceremonies in the Oval Office; Aug 14, 05:00 — policy meeting in the Oval Office.
Beijing time: Aug 13, 20:00 — administrative duties at the White House; Aug 13, 23:00 — intelligence briefing at the White House; Aug 14, 02:00 and 03:00 — signing ceremonies in the Oval Office; Aug 14, 05:00 — policy meeting in the Oval Office.
2026-08-13
8:00 PM Beijing Time, August 13: Handling administrative affairs at the White House; 11:00 PM Beijing Time, August 13: Receiving an intelligence briefing at the White House; 2:00 AM Beijing Time, August 14: Attending a signing ceremony in the Oval Of
8:00 PM Beijing Time, August 13: Handling administrative affairs at the White House; 11:00 PM Beijing Time, August 13: Receiving an intelligence briefing at the White House; 2:00 AM Beijing Time, August 14: Attending a signing ceremony in the Oval Office; 3:00 AM Beijing Time, August 14: Attending a signing ceremony in the Oval Office; 5:00 AM Beijing Time, August 14: Attending a policy meeting in the Oval Office.
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