RBA set to move beyond rates

The Reserve Bank of Australia (RBA) is willing to commit to a program of unconventional monetary policy of “acting in the bond market” to keep interest rates low, said its deputy chair.

by | 11 Mar, 2020

In a speech about the coronavirus and the Australian economy, Deputy Governor of the Reserve Bank of Australia Guy Debelle noted the likely form of quantitative easing-style program of government bond buying as the RBA sets the official cash rates staying low.

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