RBA’s Hunter Sees US Tariffs Dragging on Australian Growth, Jobs
8 Articles
8 Articles
Uncertainty about Trump's tariffs has contributed to a weaker outlook for Australia's economy, RBA official says
Assistant governor Sarah Hunter says Australia is unlikely to be directly impacted by Donald Trump's tariffs, but global uncertainty may cause weaker growth and labour market.
RBA hints at more interest rate cuts if tariffs worsen
Treasurer Jim Chalmers says progress made has placed Australia well to face global uncertainty. (Jono Searle/AAP PHOTOS) By Andrew Brown and Jacob Shteyman in Canberra Minutes from the last Reserve Bank board meeting reveal why they came close to an unusually large cut, as the bank’s chief economist outlines how they think Donald Trump’s tariffs could hit the domestic economy. The minutes from the bank’s May meeting were released on Tuesday, she…
RBA’s Hunter Sees US Tariffs Dragging on Australian Growth, Jobs
Australia’s central bank expects global trade uncertainty will weigh on the domestic economy and employment, according to a senior official, helping explain policymakers’ surprise switch to a dovish stance last month.
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