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The Times

Reserve Bank and government prepare fresh emergency measures as markets tumble

  • Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University

The government is planning to deliver a second coronavirus economic support package within days, and the Reserve Bank will announce “further policy measures” to support the economy on Thursday.

The bank sometimes uses the phrase “policy measures” to describe adjustments to its “policy rate”, the so-called cash...

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