Crazy $@&*tards. They will be paying people to have mortgages soon. The world is going absolutely INSANE.
https://www.stuff.co.nz/business/12...nds-cap-on-quantitative-easing-to-100-billion
Reserve Bank expands cap on quantitative easing to $100 billion
Tom Pullar-Strecker14:05, Aug 12 2020
The Reserve Bank has agreed to expand its cap on quantitative easing to $100 billion to “further lower retail interest rates”.
However, the central bank appeared to indicate it planned to go longer rather than harder on QE, saying the new cap would apply to asset purchases out until June 2022.
The Official Cash Rate remains unchanged at 0.25 per cent.
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