In a recent update, the Reserve Bank of Australia’s (RBA) Governor, Mr Philip Lowe has notified that the central bank is unlikely to adopt unconventional monetary policy measures in the near term. In addition, the Governor mentioned that:
- Quantitative Easing (QE) would be considered as an option if interest rates fall to 0.25 per cent.
- There is no sign of dysfunction in Australia’s capital markets that would warrant the RBA stepping in.
- Monetary policy cannot push longer-term growth.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.