Moody's Analytics' Ell: Both RBNZ & BoK to Hike This Week

The video discusses the Reserve Bank of New Zealand's cautious approach to monetary policy amid COVID-19 uncertainties, with a focus on a 25 basis point hike. It also examines Korea's economic situation, highlighting inflation pressures, household debt, and the impact of rising COVID-19 cases. The strong export sector, particularly semiconductors, remains a key strength. The video concludes with an analysis of China's economic slowdown, driven by a cooling property market and environmental concerns, and the expected policy actions to manage this trajectory.

What is the expected policy action by the Reserve Bank of New Zealand in response to the current economic environment?

• No change in policy

• A reduction in interest rates

• A 25 basis point hike

• A 50 basis point hike

What is one of the main concerns for the Korean economy despite its strong export sector?

• Decreasing semiconductor prices

• Low inflation rates

• High youth unemployment

• Rising foreign debt

What is a significant strength of the Korean economy mentioned in the video?

• Automobile manufacturing

• Semiconductor sector

• Agricultural exports

• Tourism industry

What is the expected decision regarding China's loan prime rate?

• An increase in the rate

• The rate will be abolished

• A decrease in the rate

• The rate will hold steady

What are some of the challenges faced by the Chinese economy as discussed in the video?

• Slowing property market and environmental concerns

• Increasing foreign investment and trade surplus

• Rising inflation and high unemployment

• Rapid industrial growth and urbanization