After a months-long rebound, Westpac’s monthly consumer sentiment index crashed back to a 6-month low in September as hopes of deep interest rate cuts faded. Westpac’s Head of Australian Macro-Forecasting, Matthew Hassan, explains the results below. Key Points: Westpac Consumer Sentiment Index declines 3.5% to 92.1 in October. Optimism about outlook for family finances fades.
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