Westpac Economic Update: 19 December 2014

Westpac Senior Economist Elliot Clarke comments on the Federal Budget update and the deterioration in the budget, minutes of the December RBA meeting and where the market is starting to price in rate cuts from expectations for next year; as well as the FOMC December meeting. This concludes the wrap ups for 2014. The Economic team will be back on the 23 January 2015.

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.