Friday: Pressure off RBA as jobs market softens

US Producer Price Inflation data is much hotter than expected, but yields fall on flight to quality as AI stocks fall. Pressure comes off the RBA to hike in November as the jobs market softens, although ANZ Research says a hike is still more likely than not.

In our deep dive interview, ANZ New Zealand Chief Economist Sharon Zollner reviews how New Zealand’s recovery is tracking via ANZ Research’s Truckometer index.

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