RBA Expected to Hold Cash Rate at 2.5%

RBA Expected to Hold Cash Rate at 2.5%

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses differing opinions on Australia's cash rate, with analysts predicting no change until March. By mid-year, predictions vary, with some expecting a rise and others a cut. Economic indicators like falling commodity prices and rising unemployment are influencing these forecasts. The Treasurer's upcoming fiscal outlook is expected to show a worsening budget deficit. The RBA may consider easing in 2015 if necessary.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What economic indicators are expected to be revealed in the upcoming GDP report for Australia?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What did Assistant Governor Phillip Lowe say about the possibility of easing?

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