Australia's Chalmers: Global soft landing not assured
Posted At: 2024-02-29 09:00
Treasurer of Australia Jom Edward Chalmers hit newswires early Thursday, noting that the assumed baseline of a global soft landing isn't a guarantee.
Key highlights
- Austalia's Q4 GDP data likely to be quite weak.
- Global soft landing is assumed to be the default case.
- Soft landing scenario isn't assured, risks still remain.
- Local economic figures in Australia run the same risk.