Tuesday: Just how sticky is US inflation?
Mar 11, 2024•9 min
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Episode description
Markets are in a holding pattern as traders wait to see how sticky US inflation was in February. Japan’s recession was revised away. The Bank of Japan is expected to end negative rates in next Monday or in April. India’s inflation rate is expected to be steady.
In our bonus deep dive interview, ANZ Economist Dhiraj Nim explains how the Reserve Bank of India may have over-delivered on its inflation target, and how it might be loosening monetary conditions through the repo markets.
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