Politics With Michelle Grattan: Warwick Mckibbin On Trying To Model Economic Certainty In Uncertain Times

2025-04-16 12:06:22

(MENAFN- The Conversation)

Global markets have remained on edge after Donald Trump's“Liberation Day” tariffs caused panic worldwide. Now, more than ever, markets and economists are looking for trying to read the implications.

Joining us from Washington DC is Warwick McKibbin, an internationally renowned economic modeller from the Australian National University whose services are now in high demand. McKibbin is also a former member of the Reserve Bank board.

With much earlier talk about whether Australia can do a deal with Trump on tariffs, McKibbon argues,

McKibbin says it's“unlikely” Trump's trade wars will cause a recession in Australia, but,

McKibbin says Australia's interest rates are“probably a little bit too low”,

On the Australian election, McKibbin outlines the need for reforms, which are not being much talked about in this campaign,

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