Latest Economic Update
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Updated 22 May 2015
Westpac Economic Update: 22 May 2015
Westpac Senior Economist Elliot Clarke comments on the uplift in consumer sentiment following last week's Federal Budget and recent interest rate cut; as well as on 2 sets of minutes released - the RBA (concerns around currency) and FOMC (dismissive of Q1 weakness, path to rate normalisation, where growth will come from). Next week sees the partials from Australia's Q1 GDP made public (and why CapEx data is keenly anticipated), plus Westpac's MNI China Consumer Sentiment Index.
The world changes every day. The markets are even faster.
It's hard to stay ahead of the markets, which is why Westpac Chief Economist Bill Evans and his team produce this bite-sized roundup of the week's economic news and events, with clear analysis and insight plus the outlook for the week ahead. No topic is too tricky or hard to follow - in this weekly broadcast the team talk about events that will make a difference to your bottom line, the economy and the nation.
About Bill Evans
William (Bill) Evans is a graduate of the University of Sydney and the London School of Economics. He has worked as a Research Manager for the Reserve Bank of Australia, Treasurer at the Commonwealth Bank of Australia, and prior to joining Westpac in 1991, was Director and Head of Financial Markets at Schroders Australia Limited for 8 years. At Westpac he is Managing Director & Global Head of Economics & Research.