Westpac Economic Update: 12 September 2014

Westpac Chief Economist Bill Evans comments this week’s Australian dollar drop resulted from the weak iron ore prices and confidence in the US dollar; also the Westpac Consumer Sentiment Index and slow labour market. Plus, looking ahead to next week’s US Federal Reserve statement and if it will bring pressure to the Australian dollar..

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.