Thursday: Tariff roller-coaster continues
Mar 12, 2025•10 min
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Episode description
US inflation is below forecasts. Donald Trump ‘un-doubles’ Canada tariffs, but sets global steel and aluminium ones. Japanese bond yields hit their highest since 2008, thanks to safe-haven demand. And New Zealand’s trucks got moving in February.
In our bonus deep dive interview, ANZ Economist Dhiraj Nim looks at how India’s growth rate over the next year may come in below potential, opening room for rate cuts as annual inflation falls, as it did in February to a weaker-than-expected 3.6%.
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