Reserve Bank of Australia assistant Gov Hunter:
Higher US tariffs will put a drag on the global economyAssuming weaker global growth environment will moderately dampen prices for tradable goodsHigher uncertainty can lead to declines in investment, output and employmentHigher global uncertainty has a large negative effect on Australian business investmentAustralia’s exporters are relatively well-placed to weather the stormAssuming Chinese authorities will support their economy through fiscal stimulusThat China assumption, I guess ... but the experience so far has been the support measures have only been piecemal.
There could be more coming:
China expected to announce 'major financial polices' on June 18 and 19, 2025 This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( Reserve Bank of Australia assistant Gov Hunter says Australia's exporters well placed )
Also on site :
- Tottenham sack Postecoglou despite Europa League win
- Trump announces new round of US-China trade talks
- Iconic ‘80s Actor, 76, Is Unrecognizable Nearly 35 Years After 'Dallas’