Australia Central Bank Lifts Outlook, to Review YCC in July

5
Article feature image

(Bloomberg) — Discover what’s driving the global economy and what it means for policy makers, businesses, investors and you with The New Economy Daily. Sign up here

Australia’s central bank upgraded its economic outlook and said policy makers will review its bond programs in July, while maintaining interest rates will remain at emergency levels until at least 2024.

Reserve Bank Governor Philip Lowe kept the cash rate and three-year yield target at 0.10% on Tuesday. He said the board will decide at…

Click here to view the original article.