Global Economic News

RBA Chief Says QE Becomes An Option At 0.25% Cash Rate

Reserve Bank of Australia Governor Philip Lowe said on Tuesday that quantitative easing becomes an option at a cash rate of 0.25 percent.

However, he said, "the threshold for undertaking QE in Australia has not been reached, and I don't expect it to be reached in the near future."

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by RTTNews Staff Writer

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