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
Article Tags
Type: Reuters News First
Regions: Asia
More of Reuters Best
Reuters exclusively reports Indian sugar mills to close early as rain hits cane supply; sugar futures jump; shares fall
January 29, 2023
Reuters reveals that India may peg gross borrowing under 16 trillion rupees in 2023/24
January 27, 2023