Economic Indicators Flashcards
1
Q
Current cash rate
A
1.5%
2
Q
Current growth rate
A
1.8%
3
Q
Growth rate target
A
2-3% therefore is currently approaching target
4
Q
Current inflation rate
A
1.9%
5
Q
Inflation target
A
2-3% therefore currently approaching target
6
Q
Unemployment rate
A
5.6%
7
Q
Unemployment rate target
A
5-6% therefore currently within target
8
Q
Current exchange rate with US
A
76 cents
