Market Outlook in conversation

August 2022 - RBA, Australian business sector, housing price correction, and the US economy

Episode Summary

The persistence of the global inflation threat, the required policy response and the implications for economic activity have continued to be debated by market participants and authorities this month.

Episode Notes

August’s key themes include:

• RBA: a contractionary stance for policy is necessary given inflation risks (Chief Economist Bill Evans)
• The Australian business sector: strength in activity and price setting 13:15min (Senior Economist Andrew Hanlan)
• Housing: the price correction is gathering momentum 21:35min (Senior Economist Matthew Hassan)
• The US economy: nonfarm payrolls’ surprise strength in July and the chance of recession 27:55min (Senior Economist Elliot Clarke)