Question 1016 RBA cash rate, monetary policy
Former RBA Governor Phil Lowe says that if the economy is growing very strongly, then prices might be growing too:
(a) Fast and the RBA board may need to raise interest rates.
(b) Fast and the RBA board may need to lower interest rates.
(c) Slow and the RBA board may need to raise interest rates.
(d) Slow and the RBA board may need to lower interest rates.