The U.S. Election Is Here.
The Young Investors Podcast
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Is There a Negative Interest Rate Policy?
The R b a ar has decided to start doing quantitative easing. This means that they're going to be buying a hundred billion dollars worth of government bonds over the next six months. It essentially raises the prices of those bonds and therefore lowers the interest rate on them. The new target for their cash rate, the official interest rate, is now point one per cent....
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