Bloomberg Daybreak: Asia Edition cover image

Bloomberg Daybreak: Asia Edition

APAC Market Outlook, Israel Debt Rating

Feb 12, 2024
Katrina Ell, Senior Economist at Moody's Analytics, discusses Asia economic data. Garfield Reynolds, Bloomberg Chief Correspondent for Rates, talks about his view on APAC markets. Michael Heath, Bloomberg Eco-gov editor, covers Israel's debt rating and the latest on the war.
24:36

Podcast summary created with Snipd AI

Quick takeaways

  • Inflation in developed countries is on a downtrend, shifting focus from rate hikes to anticipated rate cuts, with the timeline for rate cuts expected to begin in May in the US.
  • China faces the risk of deflation, highlighting the need for meaningful stimulus to stabilize domestic demand, especially in sectors like the property market, and addressing structural imbalances.

Deep dives

Inflation and Central Banks

The podcast discusses the current state of inflation and whether global central banks have successfully controlled it. The speaker highlights that inflation in most developed countries is on a downtrend and the focus has shifted from rate hikes to anticipated rate cuts. The timeline for rate cuts is expected to begin in May, starting with the US. In Australia, inflation is also decreasing, but rate cuts are not expected until September due to the inflation rate not being at the desired level. Overall, the speaker suggests that central banks are confident in their ability to handle inflation.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode