• RBA's deputy governor Debelle: Will take into account expected fiscal stimulus in future monetary policy decisions

Notícias do Mercado

4 março 2020

RBA's deputy governor Debelle: Will take into account expected fiscal stimulus in future monetary policy decisions

  • We have capacity to cut rates one more time; beyond that we will have to consider QE
  • I don't think negative interest rates are something that would be contemplating
  • Estimates that Australia's services exports would fall by 10% in Q1
  • Drop in services exports due to coronavirus would cut about 0.5% of GDP in Q1
  • Still thinks that monetary policy is effective

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