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RBA Deputy Governor Debelle to Step Down from March 16

(Bloomberg) -- Australia’s central bank said Thursday that Deputy Governor Guy Debelle will step down from his position effective March 16.

Debelle, who sits on the Reserve Bank’s policy-setting board, will join Fortescue Future Industries in June, the RBA said in a statement.

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Central Banks to Pour Money Into Economy Despite Sharp Rebound

Central Banks to Pour Money Into Economy Despite Sharp Rebound
Bloomberg
2 hrs ago
(Bloomberg) --
The aggressive rebound in global economic growth still isn’t enough for most of the world’s central banks to pull back on their emergency stimulus.
In Bloomberg’s quarterly review of monetary policy covering 90% of the world economy, the Federal Reserve, European Central Bank and Bank of Japan are among the 16 institutions set to hold interest rates this year.
© Bloomberg
The Bloomberg Central Bank Outlook
The outlook suggests officials still want to guarantee the recovery from last year’s coronavirus recession by maintaining ultra-low borrowing costs and asset-buying programs. That may require them to accept any accompanying bounce in inflation.

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Australia Small Business Failures Expected to Rise

Australia Small Business Failures Expected to Rise
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