Just ahead of the federal budget, Australian Prime Minister Julia Gillard announced performance bonuses of between $5,400 and $8,100 for one in 10 teachers.
With America still off for Thanksgiving, NAB’s Gavi Friend talks turkey on central bank thinking. How much is inflation really pushing for faster tightening – for the Fed, the Riksbank, the ECB and the BoE? https://t.co/Qs75KOcyYo
The US is spending more and income is up, with inflation rising, whilst Europe is still held back by COVID concerns. It’s the perfect storm, says NAB’s Tapas Strickland, pushing the US dollar to its highest level in sixteen months. https://t.co/93jt83lsnU