Video: – The Fed versus the RBA - Alex Joiner
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 how the tone of global monetary policy is being set by the US Federal Reserve and its continued aggressive policy tightening in response to persistently high inflation. Interestingly, the Reserve Bank of Australia
has chosen a more cautious approach, delivering only a 25bp rate rise at its October meeting as it seeks to assess the impact of recent sharp rate rises on the vulnerable household sector.
About the author
Alex Joiner, PhD
Joined in 2016
Alex Joiner is Chief Economist at IFM Investors. He is responsible for the firm’s economic, financial market and geopolitical risk analysis that is key in IFM’s investment process. In this capacity he engages with IFM’s domestic and global clients on macro-investment trends and themes. He is a frequent commentator on economic and markets via traditional and social media and regularly speaks at public forums and conferences. He has over two decades of professional experience in economic and markets and prior to joining IFM was the Chief Economist at Bank of America Merrill Lynch (Australian & New Zealand) after being a senior economist at ANZ Bank. He holds a First Class honours degree in Economics and a PhD in Econometrics from Monash University. Alex is also committee member of the Australian Business Economists.