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Business & Finance

Australia Central Bank says well positioned on policy

PERTH : Australia's top central banker on Wednesday said policy was well positioned to respond to global events, though
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By Shoaib Ur Rehman
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bankPERTH: Australia's top central banker on Wednesday said policy was well positioned to respond to global events, though he would not be drawn on the outlook for interest rates.

Answering questions after a speech, Reserve Bank of Australia (RBA) Governor Glenn Stevens said he had an open mind on how policy might respond, but would not speculate on the future course of rates.

 

Copyright Reuters, 2011

 

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