Friday: CPI fall thumps Treasury yields & US$ lower
US inflation was much softer than expected overnight, which shunted down Treasury yields and the US dollar. Rates were held in Korea, but with a dovish turn, and there’s more signs of a softening New Zealand economy for the RBNZ to think about. In our bonus deep dive interview, ANZ Economist Maddy Dunk looks at how the RBA views fiscal easings in state budgets because of cost-of-living measures. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/