Westpac Senior Economists discuss key economic themes published in the monthly Westpac IQ 'Market Outlook' report.
Any information provided in this podcast is general in nature and has been prepared without taking into account any personal circumstances.
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Westpac Senior Economists discuss key economic themes published in the monthly Westpac IQ 'Market Outlook' report.
Any information provided in this podcast is general in nature and has been prepared without taking into account any personal circumstances.
November 2022 - RBA outlook, Consumer Sentiment, Australia inflation, FOMC
Market Outlook in conversation
31 minutes 19 seconds
3 years ago
November 2022 - RBA outlook, Consumer Sentiment, Australia inflation, FOMC
Despite a very strong and broad-based Q3 CPI print, the RBA limited their November rate increase to 25bps. We expect inflation to remain a pressing concern for Australia, requiring the RBA to continue hiking to 3.85% by May 2023 and then remain on hold until 2024. Of particular note this month is the profound weakness in Westpac-MI consumer sentiment, with the November outcome below the GFC low.
Market Outlook in conversation
Westpac Senior Economists discuss key economic themes published in the monthly Westpac IQ 'Market Outlook' report.
Any information provided in this podcast is general in nature and has been prepared without taking into account any personal circumstances.
