Looking back on 4 March 2008 when the interest rate was set at7.25% by RBA (Reserve Bank Australia), however since then RBAgradually reduced the interest rate to its lowest 1% on 3 July2019. Present an overview on the expectations or motivations behindsuch interest rate cut by RBA? (summary) [Note: In the early 1990sthe interest rate was 17.5%, you don’t need to go back such distantpast, your analysis should focus between 2008 to 2019] Talk aboutthe impact on the economy after the interest rate changed. Summaryof 400 words
Can you please help me with this overview? It is for my work
