Thursday 9 July 2020
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wn.com - 9 days ago

The Reserve Bank s Policy Actions and Balance Sheet

SpeechThe Reserve Bank s Policy Actions and Balance Sheet Guy Debelle[*] Deputy Governor The Economic Society Australia Online- 30 June 2020 Australia is experiencing an historic event. It is first and foremost a health event. Thankfully, thus far the health outcomes in Australia have been better than feared. The health decisions taken by the government and the public in response to the virus have been the primary shaper of the economic and financial landscape that the Reserve Bank has been operating in. The virus has had a large economic and financial impact. The decline in output in the second quarter in Australia and around the world has been extraordinary, as significant parts of the...


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