[Sydney 11th Reuters]-The Reserve Bank of Australia (Central Bank, RBA) said today that it is unlikely that non-traditional monetary policy will be needed at this time. Answered questions from lawmakers in writing.
However, they will consider non-traditional policies if necessary.
The central bank said it would focus on reducing risk-free interest rates, including a further reduction in policy interest rates, if necessary. It may also include the purchase of long-term government bonds.
