Friday: China in deflationary territory again

The People’s Bank of China is expected to ease a key bank lending rule in the coming months after China reported falling back into deflation last month. In part one of our bonus deep-dive interview, ANZ’s Head of Economics for Australia Adam Boyton explains what the NAIRU is and why it’s important for interest rates. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/