Which of the following scenarios could trigger the Reserve Bank of Australia (RBA) to increase the official cash rate?
a.The medium-term inflation rate in Australia is predicted to rise above 2% but still sit below 3% p.a.
b.The overheating economy which is due to the rapid recovery in economic activity and ongoing fiscal stimulus.
c.The medium-term inflation rate in Australia is predicted to fall below 2%
d.The contracting economy due to the impact of the global pandemic
