cover of episode 207 - IMF says "Mission Accomplished"? Bumper jobs numbers, and revisiting Mark's prediction...

207 - IMF says "Mission Accomplished"? Bumper jobs numbers, and revisiting Mark's prediction...

2024/10/25
logo of podcast The Dismal Science

The Dismal Science

Frequently requested episodes will be transcribed first

Shownotes Transcript

Today we have an in-depth look at the IMF's latest World Economic Outlook report, before returning home to dissect the bumper jobs numbers and latest consumer confidence numbers. In brief, it was an optimistic outlook from the IMF, begging the question, is central bank credibility back? With that said, champagne flutes should remain in the fridge, as there are still a litany of risks to the global economy identified, and suggestions put forward for both governments and bureaucrats - but how likely are they to happen? And then we revisit Mark's February prediction of our first rate cut in light of huge jobs numbers, and increasing consumer sentiment. Read more from Mark on the AICD website: https://www.aicd.com.au/news-media/economic-weekly.html) Send feedback to: [email protected])