RBA Minutes: Key Takeaways From February’s Meeting

The transcript discusses the Reserve Bank of Australia's (RBA) cautious approach to further rate cuts, particularly due to concerns about the housing market and subdued wage growth. It highlights the potential economic impacts of the coronavirus, especially in relation to China's significant role in the global economy. The RBA is monitoring economic indicators closely, including wage growth and labor market data, to decide on future monetary policy actions. The transcript emphasizes the uncertainty surrounding economic shocks and the RBA's need to adapt its strategies accordingly.

In what ways has the global economy changed since the SARS outbreak?

What indicators does the RBA look for to assess the economy's performance?