With reference to the table and graph below, explain one factor that the Reserve Bank of Australia (RBA) may have considered when reducing its cash rate target between September and December 2008.

| Date | Cash Rate Target (%) |
|---|---|
| 3 June 2008 | 7.25 |
| 5 August 2008 | 7.25 |
| 2 September 2008 | 7.00 |
| 7 October 2008 | 6.00 |
| 4 November 2008 | 5.25 |
| 2 December 2008 | 4.25 |