Business
Australia Central Bank to Expand QE, May Cut, Economists Say – Bloomberg
Australia’s central bank will boost its bond-buying program or cut interest rates to help revive the economy from its first recession in almost 30 years, a survey showed.
Australia’s central bank will boost its bond-buying program or cut interest rates to help revive the economy from its
first recession in almost 30 years, a survey showed.
Seven of 11 economists predict the Reserve Bank will ramp up quantitative easing by expanding its bond purchasing program, with UBS Group AG’s George Tharenou positing that this could begin as soon as next month. Most of the others, however, expect it will occur either toward the end of this year or early 2021.
Cutting the …
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