Reserve Bank of Australia Deputy Governor Andrew Hauser:
- Enormous amount of uncertainty in global economy
- Very surprising how markets are shrugging and moving on
- Effects of tariffs on global economy are profound, to drag on growth
- First round impacts of tariffs on Australia look minor
- Its still in the early days, but the worst trade fears have not materialized
more to come
This article was written by Eamonn Sheridan at www.forexlive.com.