Fed rate decision, Australian data deluge to animate first week of Albanese's second act
It won't take long for the Prime Minister to be reminded of the global economic challenges he will face in his second term following Saturday's thumping win.
Prime Minister Anthony Albanese is set to be swiftly reminded of the global and local challenges he will face over the next three years with his first week since his thumping election victory set to feature a US interest rate decision and several key pieces of local economic data.
Here’s what you need to know about the week ahead in macro and the expert's latest thinking.
Incoming government
The news: Anthony Albanese led the Labor party to an historic win on the weekend with a shock majority result securing a second term. With the dust now settling on the five-week election campaign, economists are looking at what this means for the economy, the opportunities for reform and the challenges the new government will need to wrangle.
Economic view: Economists are not drastically changing their expectations for economic growth or rate cuts on the back of the news.
