Monday: PCE bolsters Sept rate cut hope
Listen now
Description
US PCE inflation data on Friday has boosted bets the Fed can cut in September. Markets will focus on US jobs data this week. Today’s Tankan survey will give clues on whether the Bank of Japan can hike again in July. In our bonus deep dive interview, ANZ Senior Economist Catherine Birch explains why ANZ has lifted its Q2 forecast for Australian inflation. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/
More Episodes
Expectations the Fed will cut in September firm after softer US jobs and services data; Australia’s retail sales and building approvals are surprisingly strong; China’s services growth weakens, while price pressures fall in Japan. In our bonus deep dive interview, ANZ Head of FX Research...
Published 07/03/24
Fed Chair Jerome Powell supports rate cut bets by citing progress on inflation and jobs, although stronger jobs data tempers the market reaction. The RBA’s board minutes show a hike is on the table, and New Zealand price pressures ease. In our bonus deep dive interview, ANZ Senior Commodity...
Published 07/02/24
Published 07/02/24