In this Econosights we look at the role of the banking sector in an economy and how the recent developments risk a further negative flow-on impact to the rest of the economy.
Dr Shane Oliver discusses how bank turmoil is still providing a roller coaster ride for investors; case for an RBA pause remains strong; PMIs show easing Aust inflation pressure; and more.
This week, Dr Shane Oliver highlights the banking stress – the bad news (increased recession risk) and good news (less rate hikes); US inflation; raises the question as to whether Australian home prices bottomed; and more.
Shares have hit turbulence again with worries about inflation, interest rates, recession and, now, problems in US banks. Read more to learn what this means for investors.
Throughout the week, Dr Shane Oliver observes that shares are under more pressure; Fed turns more hawkish, RBA turns more dovish; China’s 5% growth target easier to beat; and more.
This week, Dr Shane Oliver observes that the Australian economy & inflation are slowing; RBA expected to hike +0.25% but soften its guidance; questions the saving buffers; and more changes to superannuation.
This week, Dr Shane Oliver talks about the RBA right to focus on getting inflation down but it may have done enough; Australian home prices; most US inflation indicators still falling; and more.