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MNI RBA Preview - March 2021: Looking Ahead

  • There is seemingly little scope for anything in the way of notable developments at the upcoming RBA meeting, given the recent deluge of rhetoric from the RBA Governor.
  • As a reminder, a March address saw Governor Lowe push back against market pricing re: a rate hike in a more authoritative manner, while he continued to reaffirm the Bank's forward guidance on the matter.
  • The RBA's QE path beyond what has already been prescribed continues to generate interest, with debate re: the size of any subsequent schemes and the potential for the extension of the 3-Year ACGB yield targeting scheme to cover ACGB Nov '24 front and centre.
  • The RBA's QE path beyond what has already been prescribed continues to generate interest, with debate re: the size of any subsequent schemes and the potential for the extension of the 3-Year ACGB yield targeting scheme to cover ACGB Nov '24 front and centre.

Please use the following link to access the full preview:

RBA Preview - April 2021.pdf

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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