Reserve Bank of Australia Dumps Policy of Yield Curve Control
Posted on 11/05/2021
The Reserve Bank of Australia dropped its policy of yield curve control. The Australian central bank decided to scrap the 0.1% yield target on the April 2024 security. The Reserve Bank of Australia kept its cash rate at a record low 0.1%, as expected. Heading East, the Reserve Bank of New Zealand in October 2021 […]
