This article takes a look at the recommendations of the independent Reivew of the RBA and it’s not clear the proposed reforms will lead to a better outcome for the Australian economy.
Globally inflation is still falling, while Australia’s inflation is set to fall but RBA still looks hawkish; anticipated changes coming to the RBA – but will it be worth it?; strong China rebound is observed; and more.
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.