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.
Prices rising because of supply chain disruption, rising fuel costs, less truck drivers and soon, higher taxes. The BoE response - raise rates? In the words of McEnroe, they cannot be serious! https://t.co/4N14w9o1dJ