Monday: AUD starts 2025 near 5-year low

ANZ Research has pulled forward its forecast for Australia’s first rate cut to February from May after soft inflation data. But US rates expectations have risen after strong US jobs growth. That combination has dragged the AUD down to post-Covid lows.

In our first bonus deep dive interview for 2025, ANZ’s Chief Economist for Greater China Raymond Yeung explains why China’s economy may well achieve its 5% growth target for 2024.

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