Friday: Inflation sagging in US & Europe to allow rate cuts in 2024
The Fed’s favourite measure of US inflation landed softly in October, leaving it on track to start cutting rates from the middle of next year. But inflation is weakening much faster in Europe, meaning rate cuts could start there from Easter. In our bonus deep-dive interview, ANZ’s Head of G3 Economics Brian Martin examines growing market confidence about a soft US economic landing. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/