Australia's Chalmers: Global soft landing not assured

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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.
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