Trends in Global Economy: Cash Rate, Inflation, Unemployment and Real GDP Growth Rates
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This article discusses the trends in global economy with a focus on cash rate, inflation, unemployment and real GDP growth rates in Australia, Japan and USA. It also explores the concerns of Reserve Bank of Australia regarding China's corporate debt and the reasons behind RBA's decision to lower its cash rate. The article concludes by stating that RBA's actions match with its target objectives of minimizing inflation, unemployment rates and boosting economic growth of the country.