Welcome to the first RBA Rate Announcement of 2024, a year that heralds a fresh and insightful approach to our economic updates! This year, we’re thrilled to announce a dynamic new partnership: Ben will be teaming up with Evan Lucas for all future RBA insights. With this powerhouse duo at the helm, you can bet we’re diving far beyond the basics.
Evan Lucas isn’t just any analyst; he’s a titan in the world of economics (and he’s appeared multiple times on our show!) As the author of the best selling book, “Mind Over Money: Why Understanding Your Money Behaviour Will Improve Your Financial Freedom,” Evan brings a wealth of experience as a market strategist and a fervent passion for investment. His keen insights promise to enrich our understanding of Australia’s economic landscape like never before.
Together, Ben and Evan will take us on a deep dive into the undercurrents and nuances of Australia’s economy, shedding light on the forces shaping our future.
In this month’s video, they tackle several pivotal topics:
- The Global Giant – Dissecting the US Economy: The US economy acts as a barometer for the global financial climate. Our experts dissect its latest GDP growth rates and Federal Reserve decisions to uncover how these factors ripple across the globe, impacting Australia directly.
- Navigating the Waters of Global and Domestic Inflation: The spectre of inflation has loomed large over economies worldwide. Ben and Evan explore whether inflation remains a pressing concern or if recent trends suggest it’s receding into the rearview mirror. #Finally
- Employment Data – Decoding the Numbers: The duo delves into the complexities of employment data, advocating for a closer look at underutilization rates as a more telling indicator of the job market’s health than traditional metrics might suggest.
- Forecasting Australia’s Economic Voyage: Armed with data and insights, our hosts chart the course of Australia’s economic journey through 2024. They assess the potential challenges and opportunities that lie ahead, asking: will we navigate calm seas or face turbulent waters?
Will 2024 be a year of contrasts? As we look ahead, Ben and Evan discussed whether 2024 will unfold as a year marked by starkly different halves. What will the coming months bring for the RBA’s cash rate, market dynamics, and property trends?
Now, what are you waiting for? Let’s delve into this month’s update!