View full page at metalsmine.com

 

Australia Central Bank to Keep Stimulus Even as Economy Roars

From bnnbloomberg.ca

Discover what’s driving the global economy and what it means for policy makers, businesses, investors and you with The New Economy Daily. Sign up here Australia’s central bank will maintain its highly supportive policy settings despite surging growth and falling unemployment, as it faces up to the even bigger challenge of lifting wages and inflation from record lows. Reserve Bank of Australia Governor Philip Lowe is set to keep interest rates and the three-year yield target unchanged at 0.10% on Tuesday, while maintaining the current pace of longer-dated bond purchases under the quantitative easing program. He’s ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis