Aussie Westpac consumer sentiment slumps post-tariff shock; RBA seen tilting toward May rate cut

Australia’s Westpac Consumer Sentiment index plunged -6.0% in April, dropping from 95.9 to 90.1. The steep fall was notably skewed by the timing of the survey in relation to US announcement of reciprocal tariffs on April 2. Respondents surveyed before the announcement showed only a modest dip in sentiment to 93.9. Those surveyed after reported […]

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