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REPEAT: MNI INSIGHT: Any RBA QE Would Be Part...>

RBA
RBA: REPEAT: MNI INSIGHT: Any RBA QE Would Be Part Of Package Of Measures
- The Reserve Bank of Australia is likely to implement a package of stimulus
measures, and not just quantitative easing via government bond purchases, should
its hopes for housing recovery prove unfounded and prompt it to make further
rate cuts, MNI understands.
- For the moment, the Bank believes fiscal stimulus and its previous monetary
policy moves, with rates cut to a record low 1% in July, have built a floor in
the housing market, which should bolster consumer confidence.
- For full story see MNI Main Wire at 10:38 08/27 BST or contact
sales@marketnews.com for access.
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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