March rate rise (1 Viewer)

[im an idiot]

stupid question but will this be worth looking at at all?

 

[sk8ie_boi]

stupid question but will this be worth looking at at all?

u could talk about it if they ask you an essay question on 'how does the government uses macroeconomic policies to sustain economic growth'.. which then u can talk about by tightening the monetary in march slowed down the economy, but still maintaining growth...

hmmz i don't remember the march interest rate hike .. i remember the two interest rate rises at the end of last year ...

but yeah ... nuffin much i don't fink ..

 

[sunjet]

Well it's fairly significant.. first increase in 15 months.. shows the stability of our inflation.

 

[biscuit]

You can tie in the factors that would have been relevant to the RBA in the interest rate increase; its always good to show examiners you are on top of contemporary issues so yes, its important