How Long Will Interest Rates Stay Low? ... The Reserve Bank's Latest Monetary Policy Update ⎮ Ep. 542
In this episode, we discuss the latest monetary policy update from the Reserve Bank. Practically, nothing changed. The OCR stayed the same and the Large Scale Asset Purchasing Programme remains as does the Funding for Lending Programme.
But, there was much to be gained from the Reserve Bank Governor's speech. He expects interest rates to continue falling – and is looking closely at banks to see whether there is a full 'pass through' of the Reserve Bank's programmes.
If you have a topic that you'd like us to discuss, then send us a text. Our number is 5522. It would be great to hear from you. Or send Ed an email – [email protected]
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