Westpac Economic Update: 10 October 2014

Westpac Economist Elliot Clarke comments on this week’s RBA meeting on how they will maintain rates and balance the housing market; and also the labour force release with the latest revised numbers. While overseas, FOMC minutes sums up the uncertainty over the US dollar and inflation. Next week we have the NAB business survey and Westpac Melbourne Institute Consumer Sentiment Index, if there’s improvement in confidence for family finance and labour market.

You can find more weekly economic updates from Bill Evans and his team on the Westpac website. Their forecasts are available every Friday at lunchtime, Sydney time.