Westpac Economic Update Video – C.P.I. results, interest rates & property investment

Westpac Chief Economist Bill Evans comments on this week’s consumer price index release, the annualised inflation rate, and the CPI impact on any potential move in interest rates in this short video.

Of course this is important for those interested in property investment. There’s some interesting information here about where interst rates may be heading . There is no immediate necessity to cut interest rates in the short term, but it is likely for rates to drop later in the year – maybe March.http://youtu.be/un3gfoWuqLk

About Michael Yardney

Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and one of Australia's 50 most influential Thought Leaders. His opinions are regularly featured in the media. Visit Metropole.com.au