This month we have seen further evidence of Australia’s economy regaining strength. However, considerable slack remains, limiting the prospects for wages and inflation. Given the status quo and global risks, the RBA has introduced QE in addition to yield curve control and the TFF. In the US, swift passage of fiscal stimulus seems unlikely post-election, leaving the FOMC to provide necessary support. Any information provided in this podcast is general in nature and has been prepared without taking into account any personal circumstances.
All these themes and more is discussed in this month’s Market Outlook in Conversation.