Moody's Analytics' Ell on Eco Weekahead

The video discusses the current economic climate, focusing on the technical recession and sticky core inflation. It highlights the challenges faced by China, including the yuan's weakness and the need for targeted fiscal and monetary stimulus. The global inflation scenario is examined, with emphasis on interest rate policies by central banks like the Federal Reserve and RBNZ. Finally, the video explores Australia's economic outlook, noting the strong labor market as a buffer against recession.

What measures are being taken by local governments in China to address economic challenges?

Discuss the potential for a soft landing in Australia’s economy as mentioned in the text.