Speculation that the reserve bank first rate

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Reference no: EM131704293

Referring to the final comment "...will fuel speculation that the Reserve Bank's first rate hike since 2011 would happen within 12 months" use the dynamic AD-AS model(s) to explain the circumstances under which the Reserve Bank will raise interest rates sometime in the future, and contrast this to the circumstances where it might lower interest rates.

Reference no: EM131704293

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