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Question 5 (Total marks for this question = 20 marks) The cash rate in Australia is set by the Board of the Reserve Bank of

Question 5 (Total marks for this question = 20 marks)

The cash rate in Australia is set by the Board of the Reserve Bank of Australia. Explain why the cash rate in Australia is expected to reach at least 2.5% per annum by the end of 2022. Remember to give references in your references list at the end of your assignment.

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