# US Monetary Policy and Australian Financial Conditions | Speeches | RBA

> Reserve Bank of Australia Assistant Governor Christopher Kent gave a speech on how US monetary policy affects Australian financial conditions. He explained that Australia retains monetary autonomy through its floating exchange rate, while banks have reduced reliance on offshore wholesale funding.

- Date: 2018-12-10 · published 2018-12-10T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/61808-us-monetary-policy-and-australian-financial-conditions-speeches-rba
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

The analysis describes monetary transmission and does not announce a policy change, so it has little direct effect on feed commodity prices.

## Sources

- rba.gov.au: https://www.rba.gov.au/speeches/2018/sp-ag-2018-12-10.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
