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RBA Warns of Global Financial Stability Risks as Iran War Rages

Australia’s central bank said local households and firms are broadly well lagarde-says-ecb-well-placed-to-handle-war-risks-as-rates-held.html" class="story-link" title="Lagarde Says ECB Well Placed to Handle War Risks as Rates Held">placed to cope with recent interest-rate increases and surging fuel prices from the escalating Middle East conflict, while highlighting the potential for an unexpected shock as a result of elevated international risk.

Reported by Bloomberg.