UBS Economist Kwok Sees China PPI Just About Peaking

The video discusses the current economic cycle, focusing on food prices and CPI pressures, particularly concerning pork. It examines the PPI trends and the fading base effect, highlighting the lack of significant transmission from PPI to CPI. The discussion also covers the impact of interest rates on the economy, noting that while market interest rates are rising, real rates remain lower than the previous year, suggesting limited economic impact despite market concerns.

What is the expected impact of the current economic conditions on benchmark rate hikes?

How do real interest rates compare to last year according to the discussion?