In Australia, monetary policy decisions are made by:
A) the Federal Treasurer.
B) the RBA Governor.
C) the RBA Deputy Governor.
D) the RBA Board.
E) the Treasury secretary.

Question

Quizplus · Accepted Answer

Monetary policy decisions in Australia are made by the Reserve Bank of Australia (RBA) Board, which is responsible for setting the official cash rate and other monetary policy measures. The RBA Board is comprised of the RBA Governor, the Deputy Governor, and a number of independent members appointed by the Australian government. The Federal Treasurer and the Treasury secretary do not make monetary policy decisions, although they may provide input and advice to the RBA Board on economic and financial issues.

In Australia, Monetary Policy Decisions Are Made By