Friday: ECB cuts; Fed bets pulled back
The European Central Bank cuts by 25 basis points as inflation falls below target; US rate cut bets are pulled back following stronger retail sales; Australian jobs growth surges; And China announces further measures to support its property market. In our bonus Deep Dive interview, ANZ Economist Maddy Dunk looks at the effects that changing household sizes and investor lending are having on Australia’s housing market. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/