A piece in the Wall Street Journal on the strength of the services side of the Australian economy and how its
- something that is sure to alarm the Reserve Bank of Australia, which remains engaged in a fight to cool inflation pressures.
The article is in response to the services PMI data from earlier, where I noted:
Yep. WSJ concurs. Here is the link, may be gated but if you can access it its worth a read.
The next RBA meeting is 6–7 May 2024, with no change to the cash rate expected.
