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Saturday, November 28, 2020

RBA Expected to Cut Interest Rates, Buy Bonds, UBS Says

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Nov.02 — Giulia Specchia, macro strategist at UBS Securities, discusses Australia’s monetary policy. The Reserve Bank will cut the cash rate to 0.10% from 0.25% and set its yield curve control and bank funding facility at the same level, while reinforcing no tightening for three years, economists predicted ahead of Tuesday’s meeting. Specchia speaks on “Bloomberg Daybreak: Asia.”

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