Australian firms and households getting less optimistic Decline in exchange rate assisting economic transition Transiton from mining boom not as seamless as would like Says will continue to lend what support we can to ec…
By FxWirePro Team
1 min read
Australian firms and households getting less optimistic
Decline in exchange rate assisting economic transition
Transiton from mining boom not as seamless as would like
Says will continue to lend what support we can to economy
Says decline in A$ is assisting the transition, but cannot fine tune it
Period of sub-par growth favorable compared to aftermath of past mining booms
Says global outlook improved by US recovery, lower oil prices
Eurostat’s preliminary flash estimate put third-quarter growth at 0.4% quarter over quarter, while BBH analyst Elias Haddad put the chance of a December increase at 86%.
