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Empower Wealth Blog post by Empower Wealth

From Wall Street to Your Street: August Economic Insights

As the Reserve Bank prepares to deliver its latest cash rate decision this afternoon, the big question is: what’s the state of the economy right now? 

From shifts on Wall Street to policy moves in Beijing, here’s what’s influencing the road ahead and why it matters for you: 

  • The latest on the US economy, including the impact of tariffs and the Trump administration’s trade agenda 
  • How China’s growth outlook and stimulus measures are influencing Australia’s export markets 
  • The state of play in the Eurozone and the ripple effects of its economic slowdown 
  • Australia’s reliance on government spending to support growth, and why that can’t be our only lever 
  • What the latest inflation and unemployment figures mean for households and interest rates 

This pre-announcement analysis gives you the context to understand not just what might happen at 2:30pm, but why. 

And make sure to join Ben LIVE from 2.20pm (AEST) as the RBA reveals its cash rate decision for August.

Time Stamps 

0:15 – Evan’s exciting news! 

US Economic Update Segment  

2:33 – Updates on Trump’s Economic Reform Agenda 
9:45 – Quarterly GDP Data 
12:21 – Annual Inflation 
13:43 – Federal Funds Rate – Cash Rate 
17:05 – Consumer Confidence & Sentiment 
19:40 – Retail Sales 
21:35 – Business Confidence 
23:05 – Key Takeaways 

World Economic Update Segment 

26:37 – China’s Economic Update 
34:09 – Eurozone Economic Update 

Australian Economic Update Segment 
42:45 – Annual GDP 
44:39 – Real per capita GDP 
48:47 – Monthly Inflation 
49:01 – Long Term Headline Inflation 
50:10 – Trimmed Mean Inflation & Forecast 
53:33 – Unemployment / Participation Rate  
1:00:13 – Consumer Sentiment 
1:02:07 – Retail Sales 
1:02:58 – Business Conditions & Confidence   
1:04:09 – Cash Rate Prediction 
1:07:58 – Key Takeaways

Feeling the pinch? It could be time to revisit your loan strategy.  

From May’s rate cut alone, our Mortgage Broking team helped one client save $24,000 per year in interest. Fill out the form below for a free, no-obligations review of your loan.

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