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Top News In ஒன்றுபட்டது நிலை கூட்டாட்சியின் இருப்பு Today - Breaking & Trending Today

How did the Reserve Bank of Australia come to be? What is monetary policy?

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It is Australiaâs most important bank but it doesnât have any customers. You canât open an account with this bank, itâs unlikely youâll ever meet the manager and it doesnât even have ATMs.
But the Reserve Bank of Australia is pivotal to the national economy. From house prices to wages, the Reserve (RBA) influences even the smallest financial transaction in the country. It does this through monetary policy â the interest rate set by the bank once a month that affects the cost of money.
Anyone with a note or two in their wallet also has a reminder of the Reserve Bankâs other key function. The signature of the bankâs governor is on every note â it is the RBA that prints our colourful collection of currency. ....

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Can a general election spark a market rally?

Can a general election spark a market rally?
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.

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Bitcoin will likely reach $60K in 2021, says Investing.com analyst

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Bitcoin (BTC) is likely to hit $60,000 in 2021 amid the growing mainstream adoption, according to an analyst at major financial publication Investing.com.
Jesse Cohen, a senior financial analyst at Investing.com, predicted that Bitcoin will likely reach a $60,000 level in the first half of 2021.
According to Cohen, Bitcoin’s growth in 2021 will be fueled by support from institutional investors combined with the “flush of ultra-cheap money being pumped into the global financial system” by global central banks like the United States’ Federal Reserve:
“After a record-breaking year in 2020 that saw it jump more than 300%, Bitcoin looks to stay strong in 2021 as more retail and big-name institutional buyers enter the market [.] For those already in, the strategy in place remains to HODL [.] First-time novice investors have found their way into many risk-perceived assets, including Bitcoin.” ....

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