RBA Likely to Raise Rates in 2019, HSBC's Bloxham Says

RBA Likely to Raise Rates in 2019, HSBC's Bloxham Says

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Interactive Video

Business

University

Hard

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The transcript discusses Australia's economic reliance on China's domestic demand, highlighting the importance of exports like iron ore and services. It examines the impact of global trade dynamics, particularly US-China relations, on Australia's economy. The Reserve Bank of Australia's (RBA) monetary policy is also analyzed, focusing on interest rate decisions influenced by inflation, labor market conditions, and housing market trends.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does the labor market play in the RBA's decision-making process regarding interest rates?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the unemployment rate impact wages growth and inflation in Australia?

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