Reuters swept the competition on Australia’s historic move to accompany a record low policy rate with a foray into quantitative easing, leading by seven seconds on a cut in its cash rate to 0.25% and by 20 seconds on also targeting 0.25% for three-year bonds. Reuters was nearly three minutes ahead on the RBA buying bonds in the secondary market.
Reuters ahead with key news on Australia’s move into QE
18 March 2020, 12:00 am 1 minute
Type: Reuters News First