Wednesday: Global stocks surge on soft US CPI

Global stocks surged 2% overnight after flat US inflation data bolstered hopes the US Federal Reserve can end its rate hike cycle. In our bonus deep-dive interview, ANZ’s Chief Economist for Southeast Asia and India Sanjay Mathur shows how changes inside India’s banking system are likely to lift India’s potential GDP growth rate. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/