SYDNEY—The Reserve Bank of Australia gave its clearest signal yet Tuesday that it will cut interest rates further and announce a multibillion-dollar program of government bond-buying in November to help fast-track the economic recovery now emerging in most states, as Covid-19 cases fall and freedom of movement is steadily restored. In the minutes of its policy meeting held on Oct. 6, the RBA revealed in detail its thinking around options to further fan business activity and jobs growth, arguing that cutting interest rates...

Source: Wall Street Journal October 20, 2020 01:27 UTC