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Flat White

Quantitative easing: a desperate move with no clear end game

23 March 2020

4:52 PM

23 March 2020

4:52 PM

The Reserve Bank of Australia’s decision to engage in quantitative easing is a desperate move with no clear end game.  

While QE has been precipitated by the public health response to coronavirus, the radical nature of the response is a result of a weakening economy on the back of more than a decade of failed monetary policy. 

After cutting the cash rate from 0.75

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