If this loss of trust were to occur, we would have given up the hard-won credibility of the monetary policy frameworks that has been built up over the past couple of decades.
Conclusion The central scenario for the Australian economy is a positive one, with growth over the next couple of years at, or above, average, a relatively strong labour market, and inflation consistent with the medium-term target. There are, however, risks around this central scenario that we will need to watch carefully.