Day: 13 July 2022

US Inflation rises and surprises, everything is in play

US inflation is up to 9.1% yoy – more than expected. The Fed’s Raphael Bostic has said everything was in play” when it comes to the July rate rise. NAB’s David de Garis says you don’t need to be a genius to figure out what he means, given 100 seems to be the new 75.

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