A more hawkish ECB, but will it be enough? NAB’s Gavin Friend says markets are still pricing for a much steeper set of hikes this year. And US CPI later today – has inflation peaked
Bond yields fall as recession fears grow after weak personal spending numbers from the US. But NAB’s Tapas Strickland says it is being met with any signs of a sustained fall in inflation. So, just how far do central banks need to go? https://t.co/FedmRFWGAZ
Forget the last election, with Boris-mania and Corbyn-phobia, the one before that Boris had a majority of 5k. All it would take is 2.5k of his supporters to switch sides to see him off. Precisely why he won't be calling an early election, whatever he tells his backbenchers!