Headlines from RBA Debelle's speech Tuesday
By Sophia Rodrigues
Published On 24 Nov 2020 , 01:30 PMHeadline from RBA Deputy Governor Guy Debelle’s speech Tuesday:
--RBA CAREFULLY MONITORING IMPACT OF BOND-BUYING ON MARKET
--ALERT TO SIGN OF MKT DYSFUNCTION, PREPARED TO ADJUST PROGRAM IF NEEDED
--VACCINES NEWS TO BOLSTER CONFIDENCE BUT RECOVERY WILL BE UNEVEN
--FALL IN YLDS ACROSS CURVE LOWERED AUD RELATIVE TO WHAT IT WOULD BE
--MATERIALLY LOWER UNEMPLOYMENT NEED TO BOOST WAGES GROWTH, INFLATION
--BOND-BUYING UNDER 3-YR TARGET COULD HAPPEN OUTSIDE MON, THU IF NEEDED
--BE CAREFUL OF REMOVING STIMULUS TOO EARLY
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