Business
Why the RBA’s latest minutes spell good news for these 3 ASX shares – Motley Fool Australia
The minutes from the RBA’s 1 September meeting reveal some solid tailwinds ahead for these 3 ASX shares. We take a closer look at why…
The minutes from the Reserve Bank of Australia’s (RBA) 1 September meeting provide some revealing insights into the outlook for ASX shares in the mining sector. Particularly those digging up iron ore.
Atop keeping the official cash rate at the historic current low 0.25% and indicating the RBA is prepared to purchase additional Australian Government Securities (AGS) to maintain the central bank’s 3-year yield target of 0.25%, the RBA dug into China’s rebound from the COVID-19 economic slowdown.
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