Economic data released in April again showed most major economies close to recession or experiencing slow growth. Inflation remained sticky and above the targets of most central banks. The difficulty reducing inflation towards target became more pronounced in the US...
Several economic data reports and announcements over the next three weeks will determine how long it will be before the RBA can consider cutting the cash rate. The March labour force report last week showed still tight labour market conditions and points towards no...
Key economic reports relating to labour market conditions and inflation are due over the next two weeks and what they show will determine whether any hope remains that the RBA can start to cut the cash rate in late 2024. Our view is that the odds have moved against a...
