Friday: ECB cuts, while Fed is in no hurry
Markets are coping this morning with the world’s two biggest central banks taking interest rates in different directions, with the Fed holding yesterday and in no hurry to cut again, while the ECB cut overnight with more to come. In our bonus deep dive interview, ANZ Senior Economist Catherine Birch digs into the detail behind Australia’s falling inflation rate and why ANZ Research is expecting a rate cut in February. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/