Wednesday: RBA holds hawkishly

Global markets have regained some ground, with the Nikkei up 10.2%, US stocks up 2%. Meanwhile, the RBA held hawkishly through the turmoil, New Zealand unemployment is set to jump, and Japanese wages are on the rise. In our bonus deep dive interview, ANZ Head of Australian Economics Adam Boyton digs into the hawkish tones and forecasts in the RBA’s statement on monetary policy yesterday. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/