Day: 12 April 2022

A very slight glimmer of hope on inflation

Bond markets have reacted to the softer than anticipated core CPI read for the US, but NAB’s Taylor Nugent says it won’t deflect the course of the Fed. Ivan Colhoun takes us through yesterday’s NAB Business Survey. Later today, two banks who might lift rates by 50 bp – the Bank of Canada (almost certainly) and the RBNZ (possibly).

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