In our special 100th episode edition, we pick out the five big themes for 2023.
5 themes for 2023
Despite the fastest monetary policy tightening since the 1970s, the US economy avoided a recession and contained inflation in a soft landing most didn’t expect, as ANZ’s Head of G3 Economics Brian Martin explains.
The RBNZ’s pause in May was a key moment for 2023, says ANZ New Zealand Chief Economist Sharon Zollner.
The RBA’s pause after a last-minute hike in November has generated diverging confidence levels between home owners, renters and businesses, says ANZ Australia Economist Maddy Dunk.
China’s economic rebound out of Covid has stuttered, but it too is shaping up for a soft landing, says ANZ’s Chief Economist for Greater China Raymond Yeung.
The world’s best performing large economy in 2023 has been India, with 7% shaping up as its new normal for GDP growth, says ANZ Economist Dhiraj Nim.
Cheers
Bernard
PS: Look out for five themes for 2024 in our 101st episode tomorrow, before our final edition for the year on Wednesday, including an overview from ANZ Chief Economist Richard Yetsenga. We resume on January 15.
