AMP Australia's Mousina on RBA Rate Decision

AMP Australia's Mousina on RBA Rate Decision

Assessment

Interactive Video

Business

University

Hard

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The video discusses the Reserve Bank of Australia's (RBA) potential rate hike amidst rising recession risks. Diana Messina, Deputy Chief Economist at A and P Australia, highlights the contractionary nature of current policies and the sensitivity of Australian consumers to interest rate changes. The discussion covers the resilience of the housing market, inflation trends, wage pressures, and the potential impact of China's economic stimulus. The video also examines the government's role in managing national income and inflation.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expectations regarding the Reserve Bank of Australia's (RBA) interest rate decisions in light of recession risks?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected impact of the Taylor Swift concert on inflation and consumer spending?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Diana Messina view the current contractionary policy of the RBA?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Diana Messina assess the relationship between Australia's interest rates and global peers?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns do households with mortgages have regarding future interest rate hikes?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors does Diana mention that contribute to the resilience of the housing market despite rising interest rates?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What does Diana suggest about the lag effect of monetary policy on households?

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