ECB, calibrating not tapering
As expected, the ECB cuts it pace of bond buying. NAB’s Gavin Friend says this is correcting an ECB that has been too gloomy on growth and inflation.
Day: 9 September 2021
THE TWITTERATI
As the govt penalise universities that do not focus on vocational degrees, worth noting that Boris studied 'Literae Humaniores'. A less job ready degree it would be hard to find.
A downgrade to inflation expectations on Friday gave market sentiment a boost. NAB’s Ray Attrill says it’s been taken as a sign that central banks might have to do less to soften demand and a reduced fear in recession risk. https://t.co/4xdqefB3O0