RBA's Kent: RBA will adjust policy if needed to meet targets

Following his speech, Reserve Bank of Australia Assistant Government Kent said in a Q/A that AUD/USD might have been higher without recent rate cuts.

• Global policy easing is still positive for Australia.
• Too low a likelihood of QE in Australia, long way away from that.
• Market expectations for federal reserve rate cuts should be already priced into currencies.
• RBA will adjust policy if needed to meet targets.