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Australian Treasurer Frydenberg says monetary policy globally is exhausted

Australian Treasurer Frydenberg says monetary policy globally is exhausted

Central Banks
Eamonn Sheridan
12/03/2020 | 00:07 GMT

Frydenberg says important to align fiscal and monetary policy

  • says stimulus announced could add up to 1.5% to GDP (in Q2)
  • too early to judge the full impact of the COVID-19 outbreak on the economy
  • says he spoke with RBA Governor Lowe today.

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