Philip Lowe on the Australian Economy
22.02.2019, 08:48

Philip Lowe on the Australian Economy



Governor of Australia’s Central Bank, Philip Lowe, gave a speech last night to the House of Representatives Standing Committee on Economics. In this speech, he mentioned that the forecast for GDP growth this year is at 3 percent, while unemployment is expected to decrease to 4 ¾ percent over the next couple of years. He also said that inflation is expected to be at 2 ¼ percent by the end of 2020.

The overall forecast for 2019 is for growth of around 3 percent, inflation to be at around 2 percent and unemployment is expected to be at around 5 percent.

Philip Lowe then turned his attention to the global economy, saying that “there are two major areas of risk globally that the Reserve Bank Board has been keeping an especially close eye on.” He labeled the first as political risk and the second is international risk, related to the Chinese economy. “The economy is feeling the effects of the tensions with the United States and the squeezing of finance to the private sector as the authorities seek to rein in non-bank financing”.

Returning again to the Australian economy, the governor touched on the developments in the housing market, which can affect overall spending. Due to this fact, the bank will keep a close watch on developments in this area.

Read the full speech here: http://bit.ly/2E6DhfX.

 

Disclaimer:

Analysis and opinions provided herein are intended solely for informational and educational purposes and don't represent a recommendation or an investment advice by TeleTrade. Indiscriminate reliance on illustrative or informational materials may lead to losses.

Kote
Simbol Bid Ask Vreme
AUDUSD
EURUSD
GBPUSD
NZDUSD
USDCAD
USDCHF
USDJPY
XAGEUR
XAGUSD
XAUUSD

© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik