The governor of the Bank of Australia says it is impossible to adopt negative interest rates
Bank of Australia Governor Lowe said in a webinar that recent data is better than expected, and the slowdown of virus restrictions has also boosted confidence. If there is more good news in the health sector, a faster rebound may be achieved. He also pointed to the future The challenge is more likely to be job creation. In addition, he believes that it is not the time to raise interest rates, and emphasized that it is extremely unlikely that negative interest rates will be adopted, and will only be considered when major countries around the world adopt negative interest rates.
The efficacy rate of vaccines developed by U.S. biotech companies is as high as 94.5%
According to the latest COVID-19 vaccine test data released by a US biotechnology company, the effectiveness rate of a vaccine developed by one of its vaccines in the third phase of the study is as high as 94.5%, which is about 90% higher than the effectiveness rate previously announced by large US pharmaceutical companies. It is worth noting that this vaccine does not need to be stored at ultra-low temperature, just normal refrigeration, and the shelf life can be as long as 30 days, which is longer than the 7 days previously expected. In the case of low temperature and rapid freezing, its storage time will also be longer. The recent good news about the new crown vaccine has continued to drive market investment sentiment.
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