Summary

 

IFM’s Chief Economist, Alex Joiner, features in our Monthly Economic Update video discussing recent key developments in economies and markets globally.

In this edition, Alex discusses the aggressive monetary policy tightening that central banks are implementing in response to higher inflation, with Australia’s Reserve Bank likely to increase the cash rate again in early August. He also provides his views on how high official interest rates may go in Australia and how this compares to current financial market pricing.