More from RBA's Debelle - China very focused on getting back to full output

Reserve Bank of Australia Deputy Governor Debelle speaking this morning. Earlier:

• RBA dep gov Debelle: "Just too uncertain" to asses coronavirus impact beyond Q1

More now:

• China very focused on getting its economy back to full output
• monetary policy still works
• impact of exchange rate clearly still works
• there are scenarios where we would have to consider QE
• would consider forward guidance and keeping bond yields down
• would aim to keep yields low rather than set a target for bond buying
• not a lot of stress in money market at present