RBA Cautioned over Uneven and Bumpy Recovery amidst Second Wave of Outbreak. Maintained All Easing Measures

<p>At the July meeting, RBA left the cash rate unchanged at 0.25% and maintained yield curve targeting for 3-year bonds at 0.25%. While acknowledging that economic contraction has been less severe than previously anticipated, policymakers left economic forecasts largely intact. The cautiousness was driven by the latest round of lockdown amidst second wave of coronavirus. […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/central-bank-analysis/316154-rba-cautioned-over-uneven-and-bumpy-recovery-amidst-second-wave-of-outbreak-maintained-all-easing-measures/">RBA Cautioned over Uneven and Bumpy Recovery amidst Second Wave of Outbreak. Maintained All Easing Measures</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>