GEOPOLITICS | RBA Official Warns Australia Must Prepare for More Shock-Prone Financial System
2026-06-17 01:40:31
Australian institutions need to be ready to respond to a more shock-prone financial system as a strained geopolitical environment reshapes financial and economic linkages, a senior Reserve Bank of Australia official said Wednesday. According to Bloomberg, the official said the changing geopolitical backdrop is altering the way financial and economic connections are formed and maintained.
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