RBA Deputy Governor Hauser Says Global Rates Nearing Normal Levels

Hauser's framing matters because it treats the post-2022 rate regime as a passing phase rather than a new baseline, which shapes how the RBA reads imported financial conditions. For crypto and real-asset markets, the signal is indirect: the RBA is not setting policy here, and Hauser gave no level or timeframe, so this is a read on direction, not a trigger. The open question is whether other central banks echo the same normalization language, since that convergence, not any single comment, is what would actually move global risk appetite.