RBA’s Kent Warns of Geopolitical Inflation Risks; Japan Prepares ¥8.6 Trillion Stopgap Budget
Stock Market News·2026-03-25 22:38
Key TakeawaysRBA Assistant Governor Christopher Kent warns that the Middle East conflict is tightening global financial conditions and could force a more restrictive monetary policy if supply shocks unanchor inflation expectations.Japan is drafting a ¥8.6 trillion ($57 billion) provisional budget to avoid a "budget vacuum" as the record ¥122.3 trillion fiscal 2026 plan faces delays in the Upper House.The Reserve Bank of New Zealand (RBNZ) has extended its "Keeping Cash Local" consultation to July 31, aiming ...