Thursday: The Fed's first cut is the deepest

The Fed cuts by a super-sized 50 basis points and signals a total of 200 basis points of cuts by the end of 2025. Indonesia also cuts rates. The RBA will be watching Australian jobs data today. NZ’s GDP data is expected to show a contraction. In our bonus deep dive interview, ANZ Head of Geopolitical Risk Cameron Mitchell reviews the rise of tariffs as economic security tools, and what to expect on tariffs from whoever wins the US Presidential elections in November. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/