Bigger hopes of smaller hikes to come
A weakening dollar and a rally in bond yields. NAB’s Skye Masters says there’s some recognition that we are reaching the point where the pace of central bank tightening can slow down.
Day: 7 September 2022
THE TWITTERATI
A calm session on the markets. NAB’s David de Garis says there’s still uncertainty over what’s round the corner. Meanwhile, Australia inflation falls. Does that mean job done for the RBA? https://podfollow.com/nab-morning-call
In the Thirties the Chicago Plan proposed that banks had no part in money creation. Good idea or bad? Me and @profstevekeen on this week’s Debunking Economics podcast https://podfollow.com/debunking-economics-the-podcast