Business
The Reserve Bank will continue to buy bonds at a rate of $4 billion a week until February as it pumped optimism back into the markets claiming that the COVID-19 outbreaks in southern states would delay, not derail the economy.
Business
The upcoming Brisbane meeting of the Reserve Bank board will determine if it will continue with its dramatic but so far successful policy switch to pumping the economy with cash.
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The Reserve Bank has cut the interest rate to a new record low 0.25 per cent as part of a suite of economic support to cushion the blow of the coronavirus pandemic.
