Friday: Russia bans diesel exports; BoE holds

Russia banned diesel exports overnight. The Bank of England voted 5-4 to hold, hammering the pound to a six month low. In our bonus deep-dive interview, ANZ’s Senior International Economist Tom Kenny digs into the FOMC’s ‘hawkish hold’ this week and finds the Fed is more hopeful it can engineer about a ‘Goldilocks’ soft landing. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/