More signs showed of global economic recovery in March albeit bumpier in some parts such as in the US and Europe. Positive news of rising Covid-19 vaccination rates was tempered by an increase in infection rates in some countries including several in the EU forcing a...
The ‘V-shaped’ economic recovery is most powerfully evident in Australian monthly employment data since the beginning of the pandemic. Just before the employment losses from the pandemic total employment peaked at 13.009 million people in February 2020. Total...
Senior RBA officials remain adamant that official interest rates will not need to rise until 2024, at the earliest. The message will be reinforced again when RBA Governor Philip Lowe speaks this week and despite repeated admissions that the economy is recovering more...