Business
RBA to pump $100bn into Australia’s economy by extending quantitative easing – The Guardian
Reserve bank’s decision to print more money shows recovery remains fragile, experts say
Australian economyReserve banks decision to print more money shows recovery remains fragile, experts say
The Reserve Bank of Australia will continue printing money through its quantitative easing program until September, pumping an additional $100bn into the economy, despite saying that recovery from the coronavirus crisis was stronger than expected.
Economists say the decision shows that the economy remains fragile, with unemployment remaining high and inflation stuck below the RBAs target of between…
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