RBA Minutes Affirm that Future Monetary Policy will Rely on QE

The RBA minutes for the November contained little news. After cutting the policy to a new low of 0.1%, policymakers suggested the policy tool in the future will mainly be asset purchases. While the members remained reluctant to lower interest rates to negative, they might have to follow if many other central banks send rates […]

The post RBA Minutes Affirm that Future Monetary Policy will Rely on QE appeared first on Action Forex.

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