#AusPol #ConsumerConfidence #Housing
Consumer confidence is down and the housing crash is potentially to blame, are interest rate cuts on the horizon? I look at the recent update from Reuters and learn about how the consumer confidence index is measured.
References
UPDATE 3-Souring consumer mood in Australia may prompt RBA rate cut soon
https://www.reuters.com/article/australia-economy-consumersentiment/update-1-australia-slowdown-housing-crash-hit-consumer-confidence-in-march-survey-idUSL3N21003K
Australia Consumer Confidence
https://tradingeconomics.com/australia/consumer-confidence