RBA Minutes from October

Discussion in 'Markets & Economies' started by mmm....shiney!, Oct 21, 2020.

  1. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    For my mind this is the most interesting part of the minutes:

    https://rba.gov.au/monetary-policy/rba-board-minutes/2020/2020-10-06.html

    So they'll be looking further along the yield curve, and lowering the cash rate in order to lower the exchange rate in a beggar-thy-neighbour race to remain competitive.

    Just gotta remember kids what Philip Lowe said but, the RBA doesn't intervene in the value of the currency.

    Much.
     

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