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CBA: Monetary policy on hold in October

September 25, 2020 - 12:20 -- Admin

From Gareth Aird, head of Australian economics at CBA: We expect the RBA to leave monetary policy unchanged at the October Board meeting. We expect the targets for the cash rate and the yield on 3-year Australian Commonwealth Government Bonds (ACGBs) to be maintained at25 basis points. Further near term monetary policy support for the

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