Australian markets undisturbed despite explicit taper talk from Lowe (RBA Governor)
Wed 2 Jun 2021 00:08:34 GMT
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A piece in the Australian Financial Review today on the Reserve Bank of Australia Statement (from Lowe) Tuesday.
Markets barely blinked after the Reserve Bank boss Philip Lowe reiterated in his statement on Tuesday that the central bank would decide at its next board meeting whether to retain the April 2024 bond as the benchmark bond for the three-year yield target, and whether it should buy more bonds in a round of government bond-buying after the completion of the second $100 billion round of purchases in September.
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