Summarize the minutes of the RBA meeting: + Maintain the standard interest rate and the 3-year Treasury bond yield target at 0.1%, in line with market expectations. Committed to maintaining a highly supportive monetary environment until its goals are met. + Will make a decision on the three-year treasury bond at the July meeting. + Raising the forecast for GDP growth in 2021 to 4.75% and 3.5% by 2022. + Willingness to buy more debt to help achieve the full employment and inflation target.
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