Vital Signs is a regular economic wrap from UNSW economics professor and Harvard PhD Richard Holden (@profholden). Vital Signs aims to contextualise weekly economic events and cut through the noise of the data affecting global economies.
This week: China’s growth continues to slow, US inflation remains stubbornly low, Australian interest rates may not prove as predictable as everyone thinks, and Xi Jinping speaks sense on trade.
- ^ the minutes of the last FOMC meeting (www.federalreserve.gov)
- ^ Trump's $60 billion in China tariffs will create more problems than they solve (theconversation.com)
- ^ Philip Lowe made some wide-ranging remarks (www.rba.gov.au)
- ^ Is faster profit growth essential for a pick-up in wages growth? (theconversation.com)
- ^ Xi spoke of further opening up of the Chinese economy (www.cnbc.com)
Authors: Richard Holden, Professor of Economics and PLuS Alliance Fellow, UNSW