A very slight glimmer of hope on inflation
Wednesday 13th April 2022US inflation rose as expected, but there\u2019s still been a reaction in the bond markets. NAB\u2019s Taylor Nugent says investors latched onto the core CPI read coming in slightly softer than expected or feared. The subtly of the change wasn\u2019t picked up by equity markets which fell, pushed lower by rising oil prices and the realisation that inflation is still here and could get worse. The NAB Business Survey yesterday demonstrated how Australia isn\u2019t exempt, as Ivan Colhoun explains on today\u2019; s podcast. Later on, two central banks who might well lift rates by 50 basis points \u2013 the RBNZ and the Bank of Canada.
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