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🏦*RBA LEAVES CASH RATE UNCHANGED AT 0.1%, AS EXPECTED

*RBA LEAVES 3-YEAR YIELD TARGET UNCHANGED AT 0.10%

*Purchase government securities at the rate of $4 billion a week and to continue the purchases at this rate until at least mid-February 2022

*RBA: GDP EXPECTED TO DECLINE MATERIALLY IN THE SEPT. QUARTER

*RBA: SETBACK TO THE ECONOMIC EXPANSIONS IS EXPECTED TO BE ONLY TEMPORARY

*RBA: CONDITIONS FOR A RATE RISE WILL NOT BE MET BEFORE 2024

*RBA EXPECTS THE ECONOMY TO RETURN TO PRE-DELTA LEVELS IN THE SECOND HALF OF 2022



 
 
 

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