Delta hinders plans for RBA to taper and highlights fragility of RBNZ tightening cycle
Tony Sycamore August 17, 2021 12:36 AM
In another volatile session in Asia as the spread of delta variant intensifies across the region, the minutes from the RBA's August meeting outlined what might cause the RBA to reconsider its decision to taper its QE program.
"The Board would be prepared to act in response to further bad news on the health front should that lead to a more significant setback for the economic recovery."
Source Tradingview. The figures stated areas of August 17th 2021. Past performance is not a reliable indicator of future performance. This report does not contain and is not to be taken as containing any financial product advice or financial product recommendation
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