RPT-Australia c.bank embarks on QE, cuts rates to record lows
Australia’s central bank cut
interest rates for a second time this month on Thursday after an
out-of-schedule policy meeting and made a foray into
quantitative easing for the first time to help blunt the
economic fallout from the coronavirus pandemic.
interest rates for a second time this month on Thursday after an
out-of-schedule policy meeting and made a foray into
quantitative easing for the first time to help blunt the
economic fallout from the coronavirus pandemic.
Posted by Reuters
