Wednesday: Dual mandate stops RBA hiking

The US dollar continues to weaken as rate cut hopes solidify; RBA minutes show its dual mandate kept a rate hike in check; New Zealand house prices fell ahead of the RBNZ’s rate cut, and Indonesia could cut rates today, while Thailand looks set to hold. In our bonus deep dive interview, ANZ Head of Australian Economics Adam Boyton presents ANZ Research’s revised Australian economic forecasts and says why the RBA can hold until February. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/