RBA Unlikely to Raise Rates in Next Two Years, AMP Capital Says

RBA Unlikely to Raise Rates in Next Two Years, AMP Capital Says

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Business, Physics, Science

University

Hard

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The video discusses the recent economic slowdown in China, highlighting the decline in export orders and the People's Bank of China's efforts to ease monetary conditions. It examines the impact of a strong US dollar on the Chinese currency and the potential easing of trade tensions. The resilience of Australia and New Zealand's economies is noted, despite uncertainties, with continued strong commodity exports to China. However, internal issues such as the housing market and consumer sentiment pose risks to Australia's economic outlook, affecting the Reserve Bank of Australia's interest rate decisions.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the outlook for Australia in relation to its exports to China.

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the key risks to the Australian economic outlook mentioned in the text?

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