RBA Expected to Leave Benchmark Rate at Record Low, CBA's Blythe Says

The transcript discusses the Reserve Bank of Australia's (RBA) challenges with low inflation and wage growth, and the impact of trade tensions on the Australian economy. It covers expectations for the Australian dollar, influenced by factors like interest rates and trade wars. The discussion also touches on commodity prices, particularly iron ore, and the effects of China's economic slowdown. Additionally, the transcript examines the housing market, noting the RBA's historical reluctance to raise rates when house prices are falling, and the current state of home loans and credit growth.

What are the main challenges faced by the RBA as discussed in the video?

• Increasing foreign investments

• Rising interest rates and strong currency

• Low inflation, low wage growth, and property market issues

• High inflation and high wage growth

What is the current cash rate maintained by the RBA?

• 3%

• 0.5%

• 1.5%

• 2%

Which currency is the worst performer among developed market currencies, besides the Swedish kronor?

• British Pound

• Canadian Dollar

• Euro

• Australian Dollar

What is the predicted value of the Australian dollar by the end of 2019?

• $0.70

• $0.72

• $0.77

• $0.83

What has been the trend in Sydney's home prices, and how does it affect RBA's rate decisions?

• Rising prices prevent rate cuts

• Stable prices lead to rate cuts

• Falling prices prevent rate hikes

• Rising prices lead to higher rates