CommBank Global Economic & Markets Update podcast

The economic recovery continued in Q1 21

June 3, 2021

The Q1 21 GDP figures were just released.  They showed that the economic recovery continued strongly over early 2021.  GDP is now about 0.8% above where it was tracking pre-COVID-19.  Strong commodity prices are also giving the economy a boost and nominal GDP rose by 3.5% in the quarter.  In the podcast Kristina Clifton and Belinda Allen, both Senior Economists discuss the GDP results. They also touch on the upcoming July RBA meeting.  This meeting will be an important one with the RBA set to announce their decision around which bond to target and whether QE will be extended. 

 

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