Tuesday: RBA commentary in focus
Markets were mixed overnight, with equities, US Treasury yields and the oil price all rising. The RBA is expected to hold today, but what it says about inflation is being closely watched. And there are glimmers of hope for China’s domestic demand. In our bonus deep dive interview, ANZ New Zealand Economist Henry Russell explains why it’s so important for central banks to get on top sticky non-tradable or domestic inflation. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/