Natixis' Garcia Herrero on Fed, RBA Decision

The video discusses China's modest growth target and its focus on job creation, highlighting the challenges faced by the Chinese government in stimulating the economy due to high debt and limited fiscal options. It also explores global inflation trends, emphasizing the role of stubborn wages and value chain reshuffling, particularly in the US. The video concludes with an analysis of regional central banks' responses to inflation, noting the difficulties posed by global economic conditions.

How does the speaker describe the current state of consumer spending in China?

In what ways does the speaker suggest that the US's industrial policy could impact inflation?

What challenges do regional central banks face in managing inflation according to the discussion?