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- RBA's Ellis says hunt for yield less of a risk now rates are starting to rise globally
RBA's Ellis says hunt for yield less of a risk now rates are starting to rise globally
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Geopolitical risk in Asia has increased, while lessening in the euro area
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Household debt on its own unlikely to trigger such a shock
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High household debt in Australia is a risk in the event of an economic shock
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Policy globally will have to stay expansionary should inflation remain low
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Still believes global wage growth and inflation will pick up, but may take some time
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