RBA Kent: Recent AUD pullback mainly due to USD strength

RBA’s assistant governor for economics Christopher Kent continues to deliver a speech the Australian Business Economists Conference Dinner, although now he expresses his take on wage growth and AUD level.

Key Points via Reuters:

Recent AUD pullback mainly due to USD strength

Would not like to see wage growth slow further from here

It's not obvious that wage growth will slow further, that remains to be seen

The data on unemployment is contradictory and a bit cyclical