Thank you for joining us today to support the Anika Foundation. This afternoon, I would like to talk about the implications of the pandemic for the economy and for monetary policy. But before I do that, I want to acknowledge the impact of the pandemic on young people. The past 18 months have been very difficult for young Australians. Their support networks have been disrupted, leaving many young people feeling isolated and anxious about the future. Many have also missed out on events that would normally frame their lives, such as celebrating achievements with their peers. Their education has also been disrupted and, ... (full story)

“Main downside risks are new delta outbreaks, new strains of virus,” said Reserve Bank of Australia (RBA) Governor Philip Lowe during early Tuesday. The RBA Boss spoke on the topic “Delta, the Economy and Monetary Policy” at an online event hosted by Anika Foundation. AUD/USD drops 15 pips after the comments (full story)