NAB’s David de Garis explains why bond yields rose sharply overnight as the markets contemplate the Fed’s dovish tone yesterday. Bigger moves in oil, as tensions ratchet up between the US and Russia.
The US Federal reserve suggested no rate rise until 2024. On today’s podcast Kallum Picking says it might happen sooner. Plus what to expect from the Bank of England today, is Uber a sustainable business model and Dominic Cummings admits he was the puppet master.
10.1 percent inflation in the UK. Even worse than expected. This can't be fixed by monetary policy. Bad time to have a zombie government.
Don’t expect a big increase in Australian wages today says NAB’s Rodrigo Catril in today’s podcast. That will come later in the year. Meanwhile the RBNZ continues to push hard on rate rises., with another 50 basis points expected today. https://t.co/Dr86bjVFY8