Federal Reserve of Australia: recent labour market tensions have increased globally

In the recent past, the Fed has consistently expressed the view that first, the labour market remains somewhat tense and is expected to remain stable in the short term, followed by gradual easing. Recent government budgets have not changed the prospects for public demand. Thirdly, given the prosperity of artificial intelligence and the resilience of the Gulf conflict, global growth prospects have risen. Fourthly, the real estate market is already weaker than expected and the growth of loans will slow further。