Task:
Mr. Trump’s slogan 'America First' will be the major theme of his administration. This will certainly create a global trade controversy and economic uncertainty.
Being a member of the senior management team in an Australian company and currently undertaking a post-graduate business course at UTS, you were asked to provide a business report briefing the current Australian economic situation and make a forecast of its economic performance in the next 6 months. Based on this, how would you expect our central bank may move its cash rate?
Use a macroeconomic model that you learnt from the course (Economics for Management), apply appropriate key macroeconomic variables that drive the economy (supported by their relevant indicators) and key macroeconomic indicators to argue your case. Refer to the reading material under the “Mandatory Reading List” on UTSOnline.
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