Tuesday 19th April 2022
There’s a fundamental difference in the approach of the ECB and the Fed, as NAB’s Tapas Strickland explains on today’s podcast. Whereas the Fed is focused on inflation, the ECB is also concerning itself with growth. Could we see rising prices curtail that growth faster than anticipated? What about rising rates. The IMF has warned that rising rates will drive deleveraging that will have a marked impact on GDP growth. We also look at lockdowns in China and whether the rising bond yields in the US will offset any positive news to come from earnings results this week.