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Minutes of the Monetary Policy Meeting of the Reserve Bank Board
Members commenced their discussion of international economic developments by noting that the global economy had continued to recover from the largest contraction in decades, supported by a substantial fiscal and monetary policy response and the easing of measures to contain the virus in some countries. There were widening gaps in the outlook across economies, however, which largely reflected differences in health outcomes and progress with the vaccination of populations. Higher vaccination rates and the associated relaxation of containment measures had enabled a rapid recovery in several advanced economies, but in ... (full story)
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RBA MINUTES: THE BOARD REAFFIRMED THE PREVIOUSLY ANNOUNCED CHANGE IN THE RATE OF BOND PURCHASES.
— Breaking Market News (@financialjuice) August 17, 2021
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RBA MINUTES: THE BOND PURCHASE PROGRAM WILL CONTINUE TO BE REVIEWED IN LIGHT OF ECONOMIC CONDITIONS AND THE HEALTH SITUATION.
— Breaking Market News (@financialjuice) August 17, 2021
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RBA MINUTES: THE BOARD WOULD BE PREPARED TO ACT IN RESPONSE TO FURTHER BAD NEWS ON THE HEALTH FRONT SHOULD THAT LEAD TO A MORE SIGNIFICANT SETBACK FOR THE ECONOMIC RECOVERY.
— Breaking Market News (@financialjuice) August 17, 2021
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RBA MINUTES: THE BOARD WILL NOT INCREASE THE CASH RATE UNTIL THE ACTUAL INFLATION IS SUSTAINABLY WITHIN THE 2% TO 3% TARGET RANGE.
— FinancialJuice (@financialjuice) August 17, 2021
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