Nick Grimm - Profile and Journalist Details
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Verified
Journalist and Presenter, ABC News (Australia)
Sydney
Beats
Content
By Nick Grimm Verified| Australian Broadcasting Corporation (ABC) Verified After recovering yesterday, world markets have dropped again today as concerns grow about a likely trade war between the United States and China. The global uncertainty worsened with the Trump administration clarifying its tariff on Chinese goods is now 145 per cent, not 125 per cent as it had previously announced.
By Nick Grimm Verified| AM (Podcast) Verified Amid the turmoil and uncertainty sending world financial markets on a roller coaster, for Australian households still struggling with cost-of-living pressures there could be a silver lining to the economic stormclouds. Markets are now tipping the RBA could move to make four more mortgage interest rate cuts by the end of the year, with expectations that there will be a substantial half-a-per-cent cut announced next month.
By Nick Grimm Verified| Australian Broadcasting Corporation (ABC) Verified After recovering yesterday, world markets have dropped again today as concerns grow about a likely trade war between the United States and China. The global uncertainty worsened with the Trump administration clarifying its tariff on Chinese goods is now 145 per cent, not 125 per cent as it had previously announced.
Company Info
ABC News (Australia)
Kauhava, South Ostrobothnia, Finland