Australia’s Ambassador to the United States, Arthur Sinodinos, has hosed down concerns about a global economic slowdown.
Mr Sinodinos was speaking at News Corp’s Beyond 23 conference.
At the conference Mr Sinodinos said although he thinks there will “be a slowdown,” he is confident in the “bullish” nature of the US economy.
Delighted to sit down with @camstewarttheoz to provide insights on
— Arthur Sinodinos AO (@A_Sinodinos) November 8, 2022economic relationship & the upcoming US midterms at #Beyond23 conference pic.twitter.com/Y8pbBVmy6o
“Obviously, there’ll be slowdowns because interest rates are going up,” the Ambassador said.
“There will be an adjustment (to rising interest rates), but I’m actually quite bullish about the US economy in that sort of medium term sense.”
Source: The Australian.
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