Access here alternative investment news about Central Bank At Cusp Of Reflation Trade Girds For Long Fight
LPNEWS

Central Bank At Cusp Of Reflation Trade Girds For Long Fight

by finance.yahoo.com posted 1month ago 22 views
(Bloomberg) -- The Reserve Bank of Australia signaled it’s ready for a prolonged battle with bond traders betting on a reflation wave sweeping across the global economy.“The bank remains committed to the 3-year yield target and recently purchased bonds to support the target and will continue to do so as necessary,” Governor Philip Lowe said in a statement Tuesday, after keeping the main policy levers unchanged.

In this article