RBNZ talks it up, Europe talks it down
The RBNZ surprised many by indicating rates will rise next year, whilst the ECB continues to talk it down. Today NAB’s Rodrigo Catril is asked, can central banks really take such divergent paths?
Day: 26 May 2021
Inflation – transitory, then what?
Everyone seems to agree that prices will go up temporarily. But only @profstvekeen seems to be arguing it’ll be followed by a period of deflation. Listen to this week’s Debunking Economics podcast.
THE TWITTERATI
It seems @apple is not always quic to update the NAB Morning Call podcast. I fyou are on @SpotifyAU go there - it;s quicker: https://open.spotify.com/show/3MjUGlfozyxNDXdtMlfdxp
To what extent will a more hawkish Fed see the RBA pushing further this year. JBWere’s Sally Auld speculates on today’s Morning Call. https://shows.acast.com/morningcall/episodes/will-the-rba-join-the-push-to-go-higher