Why is the Australian dollar rising?
From February to June, the Australian currency rose more than 30% against the US dollar.
But since then, the economy has slowed and the dollar is still falling.
The latest sign is that the US Federal Reserve is beginning to slow down the rate of interest it pays to keep the US economy growing.
The US economy is expected to grow by a further 0.1% this year, compared with 2.3% in 2016.
But it could be even worse.
The International Monetary Fund expects the US to have a recession this year.
What is the outlook for the Australian economy?
According to the latest data from the Australian Bureau of Statistics, the jobless rate is set to reach 5.7% by the end of 2019, well above the 5.3%.
The unemployment rate is the number of people out of work, but it is more accurately known as the proportion of people who are jobless.
The official unemployment rate includes people who have given up looking for work, who are looking for paid work, and those who have looked for a job but found it had gone to waste.
In 2018, the unemployment rate was 8.9%.
The jobless population has fallen from almost 50% of the working-age population in June to under 50% now.
So why is the economy so sluggish?
Australia is a big economy, with a population of about two and a half million people.
That means that we have an unemployment rate of around 7% per person.
The unemployment rates of Japan, France and Britain are even higher.
But Australia’s unemployment rate has been stuck in the 8% range for some time.
The joblessness rate in Australia is lower than the US unemployment rate, but the gap between the two is much larger.
How much longer can the economy get stuck in this pattern?
The current slump in the Australian stock market and the collapse in the US housing market have created some uncertainty in the markets.
But in the longer term, the problem of stagnant demand is likely to persist.
This means that while the economy is slowly getting back on track, there will be a long and difficult slog ahead.
For a start, the current recession is likely not to last much longer.
It is already slowing down the Australian housing market.
In October 2018, prices in Sydney and Melbourne fell by more than 15% compared with the previous month.
But this trend is likely be reversed.
In November 2018, median home prices in the Sydney market fell by 6.3%, while Melbourne’s prices fell by 9.9% over the same period.
There is a growing risk that the current downturn will extend into 2019, as the Australian Federal Reserve prepares to begin the first of a series of asset purchases.
The Reserve has said that it will buy $1.2 trillion of assets, including bonds, mortgage-backed securities and government bonds.
This is an expansion of the asset-buying programme launched in November last year, and it comes as the US is still battling the fallout from the economic downturn.
It also comes as inflation is running at around 2.5%, the lowest level since 2009.
Inflation is expected not to reach the Fed’s 2% target in 2021, but in 2019, inflation will reach 5%.
What is causing the US economic slowdown?
The US economic outlook has changed significantly in recent months.
President Donald Trump and the Republican-controlled Congress have been very critical of the Federal Reserve.
But the Federal Government has been able to borrow cheaply at low interest rates, and is now cutting the budget deficit.
As a result, the US has increased the amount of money it is spending in the budget to record levels.
But as the Federal deficit has grown, the dollar has fallen.
What are the key issues that the Fed is trying to tackle?
The Fed has made the case for a gradual reduction in interest rates to slow the US growth rate.
But economists have also warned that the policy would only work if the US government also cut its budget deficit and interest rates.
As we have seen in recent years, the government has not cut its deficit as much as it has borrowed from the Federal Treasury.
But there is a limit to how far it can go in its efforts to reduce the US deficit, especially as it is unlikely that the Federal government will be able to make that cut by itself.
As the economy continues to slow, the Fed will need to be more flexible in its policy decisions.
How is the US inflation outlook changing?
The Federal Reserve’s monthly inflation report, which has been published every two weeks since November, shows that the unemployment gap has fallen by about 1 percentage point since the start of the recession.
This should help to ease concerns that the economy might be slowing.
But other factors, such as household spending and corporate profits, could also be causing a slowdown.
What can be done to ease the current economic slowdown in Australia?
The Reserve Bank will need more flexibility from the government in its