The Reserve Bank will publish a new set of forecasts in a matter of weeks. Data this week will show whether it needs to consider changing one of its critical predictions — the unemployment rate.
Forward Guidance
Your cheat sheet for what's coming in economic data this week — and how to interpret it.
It's going to be a short week in Canberra but by no means a quiet one as debate heats up on housing policy and several RBA officials take the stage.
The political debate about the economy will only intensify with new house prices data and budget surplus figures set to dominate the week ahead in macro.
It's going to be another big week in macro, with the RBA's rate decision on Tuesday the headline event and big speeches to watch from Peter Dutton and Joe Hockey.
While one of the biggest focuses of the week will be the Federal Reserve rate decision, there's also some critical data being released locally.
After a busy week of economic data and debate, the focus shifts to RBA chief economist Sarah Hunter.
The nation's economic scorecard will be the most anticipated data of the week, with economists thinking we're in the worst spot since the early-1990s.
Local data flow will be scrutinised closely in the wake of US Fed chair's Jerome Powell's all but confirmation of rate cuts next month. It's also another heavy week for ASX earnings.
After a solid fortnight of media and political focus on the Reserve Bank, it's unlikely to relent in the week ahead.
Unemployment will be back in the spotlight, with RBA officials fronting up in Canberra not long after the new data is published.
The critical August rates meeting will be the highlight of a busy week.
It's a big one this week with the much anticipated quarterly inflation data to be released.
Local economists are taking a breath this week ahead of upcoming inflation data and a Reserve Bank decision, but globally there's a lot at stake.
The labour force already has economists urging a closer look than usual at the headline figures, making this week's data even more critical.
Your cheat sheet for what's coming in economic data this week - and how to interpret it.
