Australian consumer sentiment dropped -3.5% mom to 92.1 in October, according to the Westpac-Melbourne Institute survey, erasing all gains seen between May and August when rate cuts briefly lifted confidence. The index has returned to “firmly pessimistic” territory, signaling renewed caution among households. Westpac said consumers were unsettled by recent inflation updates, with partial indicators […]The post Australia Westpac consumer sentiment slumps to firmly pessimistic level, RBA November cut not assured appeared first on Action Forex.