Burberry CEO Ousted, China Growth Disappoints, Limits of Monetary Policy Explored

Burberry ousts its chief executive as the global jobs market faces a slower recovery. China's economic growth disappoints, putting pressure on luxury and fashion stocks. Plus, an interview with Hyun Song Shin on whether we have reached the limits of monetary policy. Also, the UK's economic activity gains steam in May. And, an exciting development in Australia's economic landscape with the appointment of the Economic Accelerator Advisory Board.

Sources:
https://www.theguardian.com/business/live/2024/jul/15/burberry-chief-executive-china-economy-gdp-sterling-ftse-100-business-live
https://www.ft.com/content/cce8d828-9b8e-461b-9026-83a10065309a
https://www.focus-economics.com/countries/united-kingdom/news/gdp/united-kingdom-monthly-gdp-11-07-2024-economic-activity-gains-steam-in-may/
https://www.nationaltribune.com.au/australia-s-economic-accelerator-advisory-board-welcomed/

Outline:
(00:00:00) Introduction
(00:00:37) Burberry ousts chief executive; China economic growth disappoints
(00:03:01) Have we reached the limits of monetary policy? With Hyun Song Shin
(00:05:58) Economic activity gains steam in May
(00:08:24) Australia’s Economic Accelerator Advisory Board Welcomed