Tuesday: Yields still too low to unleash China's home buyers
US Fed officials see disinflation progress and indicate rate rises are unlikely. US dollar firms further vs the Yen. China property prices would need to fall 35% to trigger buyer interest because rental yields are still too low, says ANZ China Strategist Zhaopeng Xing. In our bonus deep dive interview, ANZ New Zealand Senior Economist Miles Workman looks at why New Zealand’s soggy economic outlook is unlikely to get much support from the RBNZ, which is expected to hold rates at 5.5% tomorrow. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/