RBA to Stay on Hold Through This Year, Says Oxford Economics’s Hunter

The transcript discusses the Reserve Bank of Australia's (RBA) considerations regarding interest rate changes, focusing on labor market data, housing market trends, and wage growth. It highlights the potential for a rate cut if unemployment rises or external shocks occur. The discussion also covers the impact of geopolitical tensions on the Australian dollar, particularly in relation to trade with China. Overall, the RBA is expected to hold rates steady unless significant economic changes arise.

What is the main reason the RBA might consider a rate cut before a significant rise in unemployment?

• A decrease in consumer spending

• Weakening hiring intentions

• An increase in house prices

• A rise in inflation

What is the expected outcome of the current house price corrections?

• A complete wipeout of gains from the past decade

• A significant negative shock to the economy

• A minor correction with no significant impact

• A boost in consumer confidence

Which factor is considered the missing puzzle piece in the economic outlook?

• Export levels

• Interest rates

• Wage growth

• Consumer spending

What geopolitical event has recently impacted the Aussie dollar?

• Middle East tensions

• US-China trade war

• China's ban on coal imports from Australia

• Brexit negotiations

What has been the recent trend of the Aussie dollar against the US dollar?

• It has steadily increased above 80 US cents

• It has consistently fallen below 70 US cents

• It has remained resilient above 70 US cents

• It has fluctuated wildly without a clear trend