Day: 23 September 2021

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AUDIO The Morning Call

Optimism. But why?

By phildobbie — 1 month ago

Markets expect a December taper, so why are equity markets on the rise? NAB’s Gavin Friend wonders whether the Fed governors are more dovish than reflected in yesterday’s statement.

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Phil Dobbie
phildobbiePhil Dobbie@phildobbie·
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On Friday Jerome Powell says its time to taper, but not raise rates. The labour market needs time to heal, he said. Meanwhile, NAB’s Ray Attrill says positive PMIs at the end of the week show whilst we have inflation, there’s no sign of stagnation. https://t.co/hxi5Tythzk

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