Interest rates have been so low for so long, does that give central banks any room to move when there’s another recession.
NAB’s Tapas Strickland and I try to make sense of the latest round of Brexit votes on today’s Morning Call podcast. A trade solution between the US and China seems simpler, with President Xi set for a state visit.
The US retail sales rebound and a last-minute Brexit hope. I talk to NAB’s Rodrigo Catril on a morning rich with risk-on sentiment.
The ECB is worried – on The Morning Call NAB’s David de Garis talks through how they lept into action today, hurting the markets on both sides of the Atlantic.
After yesterday’s Aussie GDP figures I ask NAB’s Gavin Friend whether the news is all bad? Plus, John Williams suggests no move for the Fed this year and could the next move for the Bank of Canada be down?
10.1 percent inflation in the UK. Even worse than expected. This can't be fixed by monetary policy. Bad time to have a zombie government.
Don’t expect a big increase in Australian wages today says NAB’s Rodrigo Catril in today’s podcast. That will come later in the year. Meanwhile the RBNZ continues to push hard on rate rises., with another 50 basis points expected today. https://t.co/Dr86bjVFY8