Good morning and welcome back. I’m Ainsley and I have all the news you need to kickstart your work week.
Australia is set to lower its growth outlook for major economies, including China, in its upcoming budget release, according to Treasurer Jim Chalmers. The uncertainty surrounding the global economic landscape was a central topic of discussion during Chalmers’ recent meetings with international counterparts and central bank leaders in Washington.
Today’s top stories include global economic growth forecasts, CPI data indicating inflation may be slowing down, and the US House approving aid for Ukraine, Israel, and Taiwan.
As we await the budget release next month, all eyes are on how the revised growth forecasts will impact Australia’s economic strategy moving forward. Stay tuned for more updates on this developing story.
