Welcome back to another episode of the 360 Money Matters Podcast! We are back again with our monthly ‘Market Wrap’ segment.
In this podcast episode, we discussed what has been happening in financial markets over the last 12 months. We mentioned that both the US and European Central Banks have raised rates, however signaling a possible end to rate hikes in the US. Additionally, we touched on inflation numbers both in Australia and abroad. We also addressed the slowing Chinese economy and the lack of information that has been coming out about this. Furthermore, we mentioned that the Reserve Bank of Australia has decided to keep rates on hold for the time being.
Join us in our latest podcast episode as we dissect key financial market trends: US and European rate hikes, global inflation’s mortgage impact, China’s economy, and Australia’s interest rate stance. Stay ahead in the financial world – listen now!
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This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706
Episode Highlights
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Rate tightening in the US vs Australia
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The impact to mortgage repayments
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Signaling from the US Federal Reserve
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Situation in Europe
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Chinese economy
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Reserve Bank meeting in Australia
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Managing expectations and the lag effect
