Budget Paper No. 1 - 2020-21 Budget

These include: a commitment to hold the cash rate close to the zero lower bound, a yield curve control target for the 3year government bond yield also at 0.25 per cent, and a Term Funding Facility for the banking system. Lowe P (2020), “Statement by Philip Lowe, Governor: Monetary Policy Decision”, 19 March 2020. ................
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