12/10/2018  US Monetary Policy and Australian Financial Conditions | Speeches | RBA  Speech  US Monetary Policy and Australian Financial Conditions Christopher Kent [ * ] Assistant Governor (Financial Markets) The Bloomberg Address Sydney – 10 December 2018  Introduction Thank you for the opportunity to speak at this Bloomberg event today.
I'd like to address some issues about how monetary policy decisions taken elsewhere influence interest rates here in Australia. Australia is a small open economy that is influenced by developments in the rest of the world. Financial conditions here can be affected by changes in monetary policy settings elsewhere, most particularly in the United States given its importance for global capital markets.