Reserve Bank Objectives (1 Viewer)

[dezzy]

Can anyone please tell me the objectives of the Reserve Bank of australia

 

[azza_3761]

Primarily the RBA is concerned with keeping inflation within its 2-3% inflation target. It also tries to keep interest rates as low as possible (except when this conflicts with the inflation target stance) in order to keep both employment and economic growth at sustainable levels.

 

[seremify007]

Primarily the RBA is concerned with keeping inflation within its 2-3% inflation target. It also tries to keep interest rates as low as possible (except when this conflicts with the inflation target stance) in order to keep both employment and economic growth at sustainable levels.

sounds very familiar to a certain question in the PwC eco comp!