Year of the Rabbit. Ready for the bounce?
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Monday 23rd January 2023
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As we enter the Year of the Rabbit the big question is, how big will the bounce back be in China? Could it push commodity prices higher and delay the slowdown in global inflation, as suggested by EBC\\u2019S Christine Lagarde on Friday? As NAB\\u2019s Ray Attrill points out, this is a big week for inflation data, including the US PCE deflator and CPI numbers for Australia and New Zealand. Last week\\u2019s soft employment numbers have already lefty many suggesting the RBA will be more dovish in its approach, with a significant drop in bond yields. So, what impact will the latest inflation numbers have this week?
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