Lowe: RBA Will Consider Case for Lower Rates at June Meeting

The transcript discusses the potential for an economy to sustain an unemployment rate below 5% without triggering inflation, drawing on international examples. It explores whether current policies can achieve this and considers additional measures like monetary easing, fiscal support, and structural policies. The Reserve Bank's role in adjusting interest rates to support employment and meet inflation targets is highlighted.

What scenario was discussed regarding the labor market and unemployment rate?

What is likely to happen to inflation if the unemployment rate remains around 5%?