Economics

Goldman Estimates RBA Could Hit Goals With $134 Billion QE

The Australian flag flies outside the Reserve Bank of Australia (RBA) headquarters in Sydney.
Photographer: Brendon Thorne/Bloomberg

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By Joanna Ossinger

October 2, 2019 at 3:31 AM UTC

Updated on

October 2, 2019 at 5:23 AM UTC

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The Reserve Bank of Australia could be drawn into quantitative easing if it wants to achieve its inflation mandate without venturing into negative rates, according to calculations from Goldman Sachs Group Inc.