The Reserve Bank has held the official cash rate at 0.1 per cent and maintained the size and parameters of its $200 billion quantitative easing bond-buying program.
The central bank said it had “brought forward” some bond buying this week to restore functionality to the bond market, which experienced a sell-off last week.
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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com
