The FOMC statement this morning had little market response, but NAB’s David de Garis says there has been a sharper reaction to words from Jerome Powell in the press conference that followed.
Equities rise and bond yields fall. NAB’s David de Garis asks, is it just a bear market bounce? NAB’s Ivan Colhoun looks at the implications of yesterday’s strong Aussie jobs numbers. https://t.co/W5MVGKLCIE