Average inflation, deal hopes and a really big can kick for Brexit

The markets were buoyed at the end of last week by hopes that some sort of trade deal with China was closer. As Phil Dobbie discusses with NAB’s Ray Attrill tweets and news reports over the weekend will have added to this expectation. Meanwhile the Fed is grappling with how to manage prolonged periods of low interest and low inflation – is ‘average inflation targeting’ the answer? And Theresa May has kicked the can down the road again, with her parliamentary Brexit vote now happening on March 12, but could Brexit be delayed as much as two years?

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