Post by Reserve Bank of Australia

'How would we approach a future episode when interest rates are low, and more stimulus is still required?' Assistant Governor (Financial Markets) Christopher Kent discusses the new Framework for Additional Monetary Policy Tools (AMPTs) at low interest rates, setting out how the Monetary Policy Board and RBA staff would design, use, and exit from AMPTs. 'The framework is not static. It will be updated as we learn from exercises, from further research and from international experience, and our own experience with any future use of these tools. Other tools could also be considered over time,' he said. 'And while the next crisis will not look like the last, we will be better prepared to respond to it.' Read the full remarks https://lnkd.in/ew989B_9