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Reserve Bank 'prepared to do unconventional things' as economic outlook worsens

The head of the Reserve Bank has told Parliament that all options are on the table to stimulate Australia's economy, potentially even cutting interest rates to zero or negative levels and implementing unconventional policies such as quantitative easing.

  • Shared by MyBusiness
  • August 12, 2019
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This week, four countries — New Zealand, India, Thailand and the Philippines — cut their official rates, with more nations expected to follow over the next few weeks.

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