Wednesday, March 11, 2020

Reserve Bank deputy governor Guy Debelle says economy will bounce back from coronavirus hit


The RBA says lower interest rates as well as the Federal Government's pending stimulus package will cushion the economic impact of coronavirus, and Australia will bounce back quickly once the virus is contained. 

Deputy governor Guy Debelle says iron ore and coal exports are likely to benefit with Chinese authorities expected to unleash massive economic stimulus.

Here's my analysis from The World Today

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