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RBA prepares for ‘fire drills’ to deal with the next COVID-like crisis
The Reserve Bank created $500 billion and slashed interest rates to deal with the pandemic. It might do things very differently during the next crisis.
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smh.com.au
RBA prepares for ‘fire drills’ to deal with the next COVID-like crisis
The Reserve Bank created $500 billion and slashed interest rates to deal with the pandemic. It might do things very differently during the next crisis.
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afr.com
Near-zero interest rates are closer than you think
The borrowing rates of the pandemic era may feel like ancient history but the Reserve Bank is already running fire drills for the next economic crash.