Consultation on the Future System for Monetary Policy Implementation in Australia
At its March 2024 meeting, the Reserve Bank Board considered broad options for the future system for monetary policy implementation in Australia. The Board endorsed a plan to operate with ample reserves, by meeting all demands for reserves via full allotment auction at the RBA’s open market operations.
Consultation on the Future System for Monetary Policy Implementation in Australia
At its March 2024 meeting, the Reserve Bank Board considered broad options for the future system for monetary policy implementation in Australia. The Board endorsed a plan to operate with ample reserves, by meeting all demands for reserves via full allotment auction at the RBA’s open market operations.