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S&P: It is possible, but not certain, that Australia economy can manage a soft landing

S&P: It is possible, but not certain, that Australia economy can manage a soft landing
S&P on Australia:It is possible, but not certain, that the Australian economy can manage a "soft landing" with inflation decreasing to the RBA’s target range.The key risk is that inflation in Australia is more sticky than expected and the RBA has to hike interest rates more strongly.We expect continued expansion in 2023 and 2024 and unemployment to rise moderately.If the rise in Australian unemployment rate can be limited to around one percentage point, economic & financial fallout should remain... Read More
Posted: Aug 9 2023, 03:43
Author Name: forexlive
Views: 102160

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