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Look up the most recent interest rate decision on the RBA's website. http://www.rba.gov.au/monetary-policy/int-rate-decisions/2020/ (this is website)!!!!!!!!!!!!!!!!!! please follow this (this is questions) Discuss the contents.

  • Look up the most recent interest rate decision on the RBA's website.
  • http://www.rba.gov.au/monetary-policy/int-rate-decisions/2020/ (this is website)!!!!!!!!!!!!!!!!!! please follow this

  • (this is questions)
  • Discuss the contents.
  • Discuss anything about current monetary policy since then as well.What is the current situation based on the latest data and analysis in the media?
  • What was the target cash rate in 1990?
  • Why do you think it was so high?
  • Do you think this is likely to occur again in the near future?
  • Does the Reserve Bank of Australia set the cash rate? Explain.
  • If you are from, or have experience with, another country - explain to the best of your understanding what is different about monetary policy in that country compared to Australia.

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