Australia’s Westpac consumer sentiment ticks up, RBA to start cutting this month

Australia’s Westpac Consumer Sentiment Index rose slightly by 0.1% mom to 92.2 in February. While consumer mood improved significantly in the second half of 2024, the past three months have shown stagnation. Westpac noted that financial pressures on households persist and a more uncertain global economic climate has also played a role in dampening optimism. […]

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