Wednesday: Solid US retail sales ease recession fears
Sep 17, 2024•10 min
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Episode description
Strong US retail sales ease recession fears, adding slightly to expectations of a 25 basis point cut by the Fed; Australia’s consumer confidence jumps, Singapore’s chip exports get a boost, and Bank Indonesia faces a tough rates decision today.
In our bonus deep dive interview, from the recent ANZ-sponsored AFR Asia summit, ANZ Head of Geopolitical Risk Cameron Mitchell explains why themes of de-globalisation and the de-coupling of the US and Chinese economies should be looked at through a different lens.
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