RBA delays bond purchase review until 2022
Central bank pushes back review as new Covid outbreak threatens to delay recovery
The board of Australia’s central bank will not review its bond-buying programme until at least February 2022, continuing to purchase A$4 billion ($3 billion) in bonds a week.
Governor Philip Lowe announced the extension of the Reserve Bank of Australia’s bond-buying programme today (September 7), alongside the decision to leave interest rates at 0.1%.
Originally, the board was set to review the pace of bond purchases in November. The decision to push back the review “reflects the delay in the
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