Economic Insights 3 Nov 20: RBA cuts cash rate to historic low of 0.10%
CommSec

Economic Insights 3 Nov 20: RBA cuts cash rate to historic low of 0.10%

2020-11-03
The Reserve Bank has unveiled a six-month plan to purchase $100 billion of five-year and 10-year government bonds as it cut its benchmark cash rate to 0.10%. This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their...
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