Headline from RBA's November MonPol Decision
By Sophia Rodrigues
Published On 03 Nov 2020 , 02:31 PMFrom the RBA's November Monetary Policy Decision statement:
-Cuts cash rate target to 0.1% from 0.25%
-Cuts 3-Year AGS target to around 0.1% from 0.25%
-Cuts TFF interest rate to 0.1% from 0.25%
-Cuts ES rate to zero
-Introduces 5-Year YCC at
-Introduces QE of A$100 billion; buy 5-10 year AGS, Semis over next six months
-To buy AGS, Semis 80/20 split
-
LATEST SNIPPETS
RBA Would Change Next Move Up Guidance
Two factors were key to RBA's next rate move up guidance -- Fed and BOC rate hike paths. It was hardly about...
Published on : 10 Jan 2019 , 06:29 AMHappy New Year
Happy New Year everyone. After a mixed 2018, I am looking forward to creating special memories in 20...
Published on : 02 Jan 2019 , 06:28 AMAustralia's export -- the term GFC
How many knew this? The label ‘GFC’ was an export from Australia to the rest of the world - Guy Debelle Published on : 06 Dec 2018 , 05:44 AM