Lower inflation in the US gives the Fed more time, but NAB’s Rodrigo Catril says some of the market moves overnight are based on growing COVID outbreaks in China.
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