Why interest rates are important The RBA announced the first cut in 31 months back in 2011, and since then you may have noticed a high level of news coverage about this issue. The RBA’s primary role is to set monetary policy, including setting the cash rate. To do this, the RBA uses economic indicators including the country’s unemployment rate, producer price index, retail sales, and consumer price index. [ 402 more words ] http://ift.tt/2rHvyB0
Why interest rates are important The RBA announced the first cut in 31 months back in 2011, and since then you may have noticed a high level of news coverage about this issue. The RBA’s primary rol…
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