Sky News Australia’s Post

There is a contradiction in the Trump administration's tariff announcement that financial markets can no longer ignore, writes RSM chief economist Joe Brusuelas. https://rsm.buzz/3CxAv5q

Monetary policy assessment: The news conference with the Governing Board will start tomorrow at 10:00 am CEST and can be followed live here: https://lnkd.in/dYwTBPiR

My latest column in The Australian Financial Review.

❓The biggest question mark when it comes to Trump's economic plan is the effect of his proposed tariffs. The net effect is uncertain, but what is certain is the scale of the proposed tariffs are unprecedented.❓ Learn more and keep up with the latest financial trends with WJ Interests Charts of the Month - https://lnkd.in/gZg3F9ck

Monetary policy assessment: The news conference with the Governing Board will start tomorrow at 10:00 am CET and can be followed live here: https://lnkd.in/dgp9n79x

Monetary policy assessment: A replay of the news conference with the Governing Board is available here: https://lnkd.in/dYwTBPiR

SIMPLIFIED: Monetary Policy Statement - At a Glance for April 2024 Download here: https://ow.ly/qwmu50Rbn8V

The Bank of Zambia will hold its quarterly Monetary Policy Rate Announcement and Press Briefing on Wednesday, November 27th, 2024, at 11:00 hrs in the BoZ Auditorium. Accredited press only; the public can watch live on ZNBC TV or follow via the BoZ Facebook page. Stay informed on key economic updates! Myself, I am looking forward to this! #MonetaryPolicy #BankOfZambia #EconomicUpdate

What does this mean for you and me? 🤔 The Monetary Policy Committee (MPC) plays a crucial role in shaping our economic landscape. Their decisions on the policy rate can influence everything from inflation to employment rates, impacting households, investors, and businesses alike. Here are some implications of changes in the Monetary Policy Rate (MPR) for different economic units 🔍 If the rate stays the same: Households: 🏠 Stability in loan and mortgage rates, making it easier to plan finances. Investors: 📈 Continued confidence in the market, with no sudden changes in investment returns. Businesses: 💼 Predictable borrowing costs, aiding in budgeting and financial planning. 📈 If the rate goes up: Households: 🏠 Higher loan and mortgage rates, potentially increasing monthly payments. Investors: 💰 Possible increase in returns on savings and fixed-income investments. Businesses: 📉 Higher borrowing costs, which could impact expansion plans and operational costs. 📉 If the rate goes down: Households: 🏠 Lower loan and mortgage rates, reducing monthly payments and encouraging spending. Investors: 📉 Lower returns on savings, but potential boost in stock market investments. Businesses: 🚀 Cheaper borrowing costs, encouraging investment and growth. Stay tuned for the outcome of the MPC meeting and make informed decisions based on the new monetary policy.

How might Trump's victory affect your financial future? This accessible 5-minute read from St. James's Place provides a balanced summary of the key areas where the US election results may impact the markets, counselling against knee-jerk responses to short-term volatility.