RBNZ Governor Orr: 'the Door Is Open' for a Rate Cut if Needed

RBNZ Governor Orr: 'the Door Is Open' for a Rate Cut if Needed

Assessment

Interactive Video

Business

University

Hard

Created by

Wayground Content

FREE Resource

The transcript discusses the decision to hold the key interest rate at 1% in New Zealand, considering various economic indicators and global factors. It highlights the role of monetary policy, government fiscal policy, and global trade in influencing economic growth. The discussion also covers potential future actions, including unconventional monetary policies, if economic conditions do not improve.

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4 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What indicators should be monitored to assess the effectiveness of monetary policy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does uncertainty in the global market affect local economic decisions?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways can unconventional monetary policies be implemented?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential risks associated with global economic growth?

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