Lowe Says RBA Ready to Ease Again if Needed

Lowe Says RBA Ready to Ease Again if Needed

Assessment

Interactive Video

Business

University

Hard

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The video discusses the factors contributing to demand growth in Australia, such as tax cuts, higher commodity prices, and infrastructure investment. It highlights the role of monetary policy in managing inflation and the potential need for further support if demand growth is insufficient. The video also covers the expectation of prolonged low interest rates and the commitment to achieving an inflation rate between 2% and 3% before considering higher interest rates.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What role could other arms of public policy play in the economic scenario discussed?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected timeframe for inflation to return to the target range?

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