Thursday: US inflation overshoots

US stocks and rate cut expectations retreat as January inflation comes in hotter than expected - just one rate cut is now priced for this year; And New Zealand trucks got moving last month, but a full recovery in economic activity is yet to take hold. In our bonus deep dive interview, ANZ Economist Krystal Tan reviews which Asian economies are most at risk from US President Donald Trump’s latest tariff proclamations.  Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/