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VIEW: Westpac note that "it has been............>

RBA
RBA: VIEW: Westpac note that "it has been Westpac's forecast that the RBA will
act again in April for much the same reasons that we have seen today - helping
to assist the Australian economy to deal with the shocks associated with the
virus; falling into line with other central banks' stimulatory policies,
particularly to ensure that the Australian dollar remains competitive and
working in conjunction with the Australian Government to deal with the issues.
It seems that the coronavirus has brought the Government and the Reserve Bank
together to address the risks with complementary policies. That "partnership" is
unlikely to end with this single move by the RBA."
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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