Friday: Rates seen high for even longer
Listen now
Description
US stocks fell and US Treasury yields rose after US growth and inflation data was worse than expected. Australia’s strong CPI could shift the RBA’s rate cut track out. Indonesia hikes rates to bolster its currency and South Korea’s GDP beats forecasts. In our bonus deep dive interview, ANZ Chief Economist for Southeast Asia and India, Sanjay Mathur looks at what central banks across Asia face in terms of monetary policy and their currencies if the US Fed delays rate cuts. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/
More Episodes
The Bank of England holds and says it will cut rates within a month or two. Malaysia’s central bank is more upbeat about growth as it holds. China’s exports rebound, and in the Philippines, soft consumer spending drags on GDP growth. In our bonus deep dive interview, ANZ New Zealand Senior...
Published 05/09/24
The Boston Fed President says rates are likely to be held for longer. The Bank of Japan’s governor says big yen moves are undesirable. Taiwan’s exports are weaker than expected. The Bank of England is expected to hold rates tonight. In our bonus deep dive interview, ANZ Chief Economist for...
Published 05/08/24
Published 05/08/24