TMM - News

QE the preferred tool for lower rates: economists

Wednesday 24th of June 2020

The Reserve Bank kept the official cash rate at a record low of 0.25% today, and once again signalled its Large Scale Asset Purchase programme (LSAP) would be its preferred way of lowering borrowing costs. 

The central bank said the LSAP programme could be increased, while it would also consider other tools, such as a lending facility for banks, and foreign asset purchases, as well...

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