(Bloomberg) Australia’s central bank will act to ensure enough liquidity is available to keep the financial system running smoothly as billions of dollars of bonds it bought during the pandemic fall due, according to Assistant Governor Christopher Kent.Most Read from BloombergTrump’s Net Worth Drops $1 Billion as Social Media Firm SinksErdogan Suffers Historic Loss in Turkey Municipal ElectionsA Million Simulations, One Verdict for US Economy: Debt Danger AheadTrump Media’s Business Doesn’t M
(Bloomberg) — Australia’s central bank signaled a further shift toward a neutral stance as minutes of its March meeting showed the board didn’t consider the case to raise interest rates for the first time since May 2022. The Reserve Bank made no mention of rate-hike discussions in the minutes released Tuesday, while noting the balance…
Exchange Settlement balances held by banks with the Reserve Bank of Australia are poised to slump to little more than $200 billion as banks repay their Term Funding Facilities by the middle of the year.