The market reacted sharply to the FOMC meeting today, even though there was nothing new. NAB’s Gavin Friend says this shows how divided opinions are right now and many were expecting more.
Phil Dobbie Follow
Host of The Morning Call, The Why? Curve & Debunking Economics. Mildly amusing. Shares birthday with Trump, Boy George & Che Guevara, few days older than Boris.
12 Morning Calls, 3 Debunking Economics and 3 Why Curves till Christmas.
Resilience in the labour market seems to be a persistent theme. NAB’s Taylor Nugent says we saw it in the US and Canada on Friday, with markets expecting a deepening recession risk as central banks push harder. https://shows.acast.com/morningcall/episodes/the-central-bank-dilemma-is-it-working