Monday: Stuck between rates heaven & hell

The US dollar has spiked up over 158 yen. Traders are on high alert for intervention by Japanese authorities. Market expectations for rate cuts by the Fed and RBA keep being pushed out. New Zealand consumer confidence falls again In our bonus deep dive interview, ANZ Head of Australian Economics Adam Boyton looks at why Australian consumer confidence is at 1990s-style recession-level lows and when it might pick up.  Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/