Wednesday: RBA didn't discuss rate hike

The Reserve Bank of Australia didn’t consider a hike as it held rates yesterday. Aussie consumer confidence jumps to its highest since January 2023, and August inflation data later today should show the temporary impact of cost of living support. The NZ dollar hits a new 2024 high. In our bonus deep dive interview, ANZ Chief Economist for Greater China Raymond Yeung analyses yesterday’s China stimulus package and explains why it could have been bigger. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/