Deputy Governor Guy Debelle said on Tuesday that Australia’s central bank is assessing various monetary policy options including currency market intervention and negative rates to meet its inflation and employment goals. Given the outlook for inflation and employment is not consistent with the Bank’s objectives over the period ahead, the Board continues to assess other policy options,” Debelle said in a speech titled ‘The Australian Economy and Monetary Policy. One option being considered is to buy bonds with maturities beyond three years to help lower longer-dated government bond rates, Debelle said. FX intervention Reuters reported that foreign exchange intervention was another potential policy option, though explained that Debelle said it was not clear whether this would be effective given the Australian dollar was “aligned with fundamentals.” A lower exchange rate would definitely be beneficial for the Australian economy, so we are continuing to watch developments in the foreign exchange market carefully, Debelle added. Reuters reports that a third option would be to lower the cash rate without taking it into negative territory. Negative rates success is mixed And, the final option was negative rates, as Reuters reported, but explained that Debelle said the empirical evidence on its success was mixed. The RBA has previously said on multiple occasions that negative rates were “extraordinarily unlikely” in Australia though Debelle did not repeat that message. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Breaking: AUD/USD slammed on RBA Debblle FX intervention remaks FX Street 2 years Deputy Governor Guy Debelle said on Tuesday that Australia's central bank is assessing various monetary policy options including currency market intervention and negative rates to meet its inflation and employment goals. Given the outlook for inflation and employment is not consistent with the Bank’s objectives over the period ahead, the Board continues to assess other policy options," Debelle said in a speech titled 'The Australian Economy and Monetary Policy. One option being considered is to buy bonds with maturities beyond three years to help lower longer-dated government bond rates, Debelle said. FX intervention Reuters reported that foreign exchange intervention was… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.