Central banks worldwide will continue easing trends in a disinflationary global environment, according to RBC Capital Markets chief economist and head of Australian research Su-Lin Ong.
Speaking at the 2016 Financial Standard Chief Economists Forum in Sydney, Ong noted recent sharp moves in equity markets in Asia and oil price fluctuations as having a measurable impact on global monetary policy. "And Australia is not immune to that," she added.
"Global markets in early 2016 highlighted key factors that will affect our market. Central bank action, and possibly inaction, will have its effects," she explained.
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