Friday: Surprisingly, Taiwan hikes and SNB cuts
Taiwan’s central bank hikes unexpectedly, while the Swiss National Bank surprises with the first rate cut of the majors. The Bank of England holds. Strong Australian jobs growth hits hopes for an early rate cut from the RBA. New Zealand is in recession. In our bonus deep dive interview, ANZ Chief Economist for Greater China Raymond Yeung surveys the seven key ‘D’ risks facing China in the year of the Dragon, starting with Deflation. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/