Business
The Reserve Bank’s new QE explained – The Australian Financial Review
The Reserve Bank is preparing for outright quantitative easing. This is why it is being considered.
But the Reserve Bank seems to have changed its mind and may have to intervene at the longer end.
Everyone else is doing it. With the RBA not buying long-term bonds, Australia’s rates have become the highest in the developed world. From a bond investor’s perspective, such attractive yields may be contributing to a higher currency.
To offset that upward force, the Reserve Bank may join the QE club.
Whereas with yield curve control the Reserve Bank targets a specific yield, that is more complica…
-
General22 hours agoEnglish springer spaniels Kelly and Milo helping fight dieback in Western Australia
-
Noosa News11 hours agoNRL grand final quick hits: Reece Walsh creates magic after avoiding sin bin as Broncos survive Hunt, Reynolds injuries to win premiership
-
General11 hours agoHow the internet reacted to Brisbane Broncos winning the NRL grand final
-
General21 hours agoHomicide Squad investigating ‘suspicious’ death of 84yo woman in Sydney suburb of Melonba