Analyse the impact of the RBA’s QE policy, as well as the other unconventional monetary policies, on money supply, inflation, interest rates and exchange rates during the crisis period, and their ongoing impact on the Australian economy in the aftermath of the pandemic crisis.

From 2020 to early 2022, the Reserve Bank of Australia (RBA) has taken a wide range of actions to support the Australian economy through the sharp contraction triggered by the pandemic and associated business closures, city lockdowns and work-from-home policies. In common with central banks in many developed economies, a key approach taken by the RBA is known as quantitative easing (QE)1. This assignment provides you with an opportunity to use the theories and models introduced in FINC5090 to analyse the impact of the RBA’s QE policy, as well as the other unconventional monetary policies, on money supply, inflation, interest rates and exchange rates during the crisis period, and their ongoing impact on the Australian economy in the aftermath of the pandemic crisis.