Posts Tagged ‘taper’

RBA Holds Cash Rate at Record Low, But Moves to Taper Monetary Stimulus

The Reserve Bank of Australia (RBA) has decided to hold the cash rate at a record low of 0.1 percent, reiterating its expectation to keep it unchanged until 2024. However, the central bank will scale back its response to the stronger-than-expected economic recovery. The change means the RBA  is tapering off its massive monetary stimulus […]

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