Australia - Westpac CEO says the ‘Worst is behind us’ across consumer and business stress ...Middle East

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Australia - Westpac CEO says the ‘Worst is behind us’ across consumer and business stress

Westpac CEO says the ‘Worst is behind us’ across consumer and business stress

also:

    Finance demand for M&A pipeline is stronger than expected

    I'm not sure what precipitated these remarks. Oh, here we go - at the Macquarie Australia conference.

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    ps. WPAC are tipping a 25bp cut from the Reserve Bank of Australia at the next meeting (May 19 and 20):

    "Lock it in: RBA to cut 25bps in May" - Westpac forecast for the Reserve Bank of Australia

    NAB says 50 bp cut

    ICYMI - National Australia Bank (NAB) revised its year-end AUD/USD forecast higher to 0.70

    Australia's big four banks, from L to R in the pic:

    ANZNABCBAWestpac This article was written by Eamonn Sheridan at www.forexlive.com.

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