RBA Expected to Stay on Hold at 1.5%

RBA Expected to Stay on Hold at 1.5%

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the Reserve Bank of Australia's (RBA) current economic stance, highlighting the potential for looser monetary policy despite recent positive indicators like inflation and unemployment rates. It also covers the US Secretary of State Rex Tillerson's visit to New Zealand, marking a significant diplomatic engagement given past tensions over nuclear policy and current issues like the Trans Pacific Partnership and climate accords.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What recent economic indicators in Australia are mentioned as looking positive on the surface?

Inflation and retail sales

Construction and wage growth

Underemployment and GDP

Balance of payments and net exports

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the market's expectation regarding the RBA's interest rate decision later this year?

A potential interest rate hike

A potential interest rate cut

No change in interest rates

An increase in inflation target

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is mentioned as a proponent of a potential interest rate cut by the RBA?

Eddie

Rex Tillerson

Paul

Sally Old

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What historical event is linked to the US-New Zealand relations discussed in the transcript?

The climate accords agreement

The signing of the Trans-Pacific Partnership

The US-Afghanistan military cooperation

The Cold War era naval visit ban

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the significance of Rex Tillerson's visit to New Zealand?

It is a response to New Zealand's military contributions

It is to announce a new climate accord

It signifies a new trade agreement between the US and New Zealand

It marks the first visit by a US Secretary of State in seven years