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The Reserve Bank of Australia is expected to make its first comments on trade conflicts and economic turmoil next Tuesday
On March 14th, Jinshi Data News, Australia’s Chief Economic Forecaster and Assistant Chairman Hunter will deliver a speech next Tuesday, which may be the first time the Australian Federal Reserve has commented on recent global economic turmoil. Hunter, who comes from a market background, is likely to be asked about the potential impact of trade conflicts and stock market declines on the global economic rise prospects, which is crucial for Australia as a major commodity exporting country. Although tariffs have minimal direct impact on Australia, if the economy rises slows down and investor confidence continues to decline, the Australian economy could be severely hit.