The Reserve Bank of Australia (RBA) released the minutes from its most recent policy meeting, with market participants looking closely for any potential shifts in policy guidance tone. The minutes highlighted that the health crisis continues to play a large role in the implementation of accommodative policy, given that the near-term outlook remains highly uncertain. While financial conditions remain highly accommodative, the RBA indicated that it will continuously review the state of asset purchases. Of note, some members considered delaying the ongoing taper of asset purchases. Despite current struggles, the base ... (full story)