Headline from RBA's November MonPol Decision
By Sophia Rodrigues
Published On 03 Nov 2020 , 02:31 PMFrom the RBA's November Monetary Policy Decision statement:
-Cuts cash rate target to 0.1% from 0.25%
-Cuts 3-Year AGS target to around 0.1% from 0.25%
-Cuts TFF interest rate to 0.1% from 0.25%
-Cuts ES rate to zero
-Introduces 5-Year YCC at
-Introduces QE of A$100 billion; buy 5-10 year AGS, Semis over next six months
-To buy AGS, Semis 80/20 split
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