204 - Inflation trends maybe good? Interest rates stuck & China's sweeping monetary moves.
Update: 2024-09-26
Description
We begin with a look at recent inflation data. While headline inflation has decreased, Mark explore why the underlying numbers suggest continued vigilance is necessary.
Our discussion then turns to the Reserve Bank of Australia's latest decision to maintain current interest rates.
The focal point of our episode is China's economic situation. We address:
- The ongoing property sector challenges
- Weak consumer sentiment and deflationary pressures
- Policy responses from the People's Bank of China, including:
- Interest rate reductions
- Easing of bank reserve requirements
- Mortgage rate adjustments
- Liquidity measures for equity markets
We evaluate these interventions and their potential impact on China's economic trajectory, considering both domestic and global implications.
For a deeper dive into the weekly figures and trends, visit AICD Chief Economist Mark Thirlwell's weekly column.
Comments
Top Podcasts
The Best New Comedy Podcast Right Now – June 2024The Best News Podcast Right Now – June 2024The Best New Business Podcast Right Now – June 2024The Best New Sports Podcast Right Now – June 2024The Best New True Crime Podcast Right Now – June 2024The Best New Joe Rogan Experience Podcast Right Now – June 20The Best New Dan Bongino Show Podcast Right Now – June 20The Best New Mark Levin Podcast – June 2024
In Channel