Statement by Philip Lowe, Governor: Monetary Policy Decision Number2020-20Date1 September 2020 At its meeting today, the Board decided to maintain the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points. It also decided to increase the size of the Term Funding Facility and make the facility available for …
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US equity markets closed out a very strong month of August with a mixed performance. August has seen the Nasdaq and S&P both blown through historically record highs, while the Dow is fast approaching pre-pandemic levels. A slew of data from Japan confirmed the impact of the pandemic on the economy, with Industrial Production contracting …
