Australia RB Philip Lowe
SYDNEY: The Reserve Bank of Australia (RBA) Board was studying the benefits that would come from buying longer-dated government bonds as part of its monetary stimulus package to boost jobs and growth, Governor Philip Lowe (pic) said on Thursday.
The RBA board was looking at whether expanding the existing government bond-buying programme to include longer-dated maturities would help its "main priority" of creating jobs, Lowe said, responding to questions after a speech in Sydney.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
