May 4, 2022
Economic Update May 2022
In this month’s update, we provide a snapshot of economic occurrences both nationally and from around the globe. Key points: - US Fed talks of bigger and quicker rate increases than recently anticipated - US growth surprised on the downside with the economy actually contracting in the March quarter of 2022 - Australian inflation rises strongly on the back of fuel prices and construction costs. We hope you find this month’s Economic Update as informative as always. If you have any feedback or would like to discuss any aspect of this report, please contact us.
