RBA is being advised by Sarah Hunter regarding inflation risks stemming from geopolitical tensions in the Middle East that are causing supply shocks affecting both Australia and Italy.

The entities involved

• RBA →

  Spanish media enterprise

  • The Reserve Bank of Australia is managing monetary policy while assessing how geopolitical risks in the Middle East, including conflict status and oil flow, affect the outlook for inflation and the potential benefits of a peace deal.Mon 03:04
  • The Reserve Bank of Australia and the European Central Bank are facing global economic pressures. Data released on May 27 showed that CPI rose 0.4% in April.Sun 22:10
• Sarah Hunter →

  Australian judoka

  Nothing else this week.

• Middle East →

  geopolitical region encompassing Egypt and most of Western Asia, including Iran

  • A US Air Force base in Fairford, located near the Oxfordshire border, is being utilized due to actions in the Middle East.Mon 17:54
  • Authorities are investigating an incident at a base in Fairford, with possible links to Iran and Russia.Mon 17:54
• Italy →

  country in southern Europe

  • Fast food chains are rapidly expanding across Italy.Mon 17:40
  • Antonio Tajani cancelled a trip to the US after Donald Trump made controversial remarks about Giorgia Meloni.Mon 17:31

Related events

• NAB provides data to the RBA, highlighting how geopolitical tensions in the Middle East affect the Australian economic backdrop.Jul 14
• Sarah Hunter, Assistant Governor of the RBA, commented on the state of the Australian housing market.Sep 8
• The Reserve Bank of Australia (RBA) is managing interest rates in Australia, with expert Pete predicting that the RBA will raise rates.Sep 11
• The RBA raises interest rates to manage inflation, influenced by GDP data and economic disruptions caused by the Middle East conflict.Sep 2
• RBA believes Australia's rate-hike cycle has ended, prompting financial institutions like Barclays and Capital Economics to adjust their economic forecasts.Jun 29