In this month’s update, we provide a snapshot of economic occurrences both nationally and from around the globe.
– Market volatility has been high driven by inflation and interest rate concerns, Stagflation seen as a risk
– US Fed and Australia’s RBA lift cash rates but bond rates ease from highs achieved early in May
– China is stimulating its economy as Covid case numbers decline
We hope you find this month’s Economic Update as informative as always. If you have any feedback or would like to discuss any aspect of this report, please contact our team.