Friday: AI boom forces Korea to start hiking

Friday: AI boom forces Korea to start hiking

July 16, 2026 · 10 min

About this episode

The episode discusses Korea's rate hike due to the AI and chip boom and features an interview with ANZ Economist Dhiraj on India's economic situation.

The AI and chip boom forces Korea to hike rates for the first time in more than three years, with more to come. US retail sales are resilient in June, and ANZ Research shifts its rate hike call for the Reserve Bank of India back to December from August. In our deep-dive interview, ANZ Economist Dhiraj unravels India’s conundrum of a record-low core inflation at a time of strong growth. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/

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