BoJ loosens its grip, Fed will keep a tight hold
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Wednesday 1st November 2023
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The Bank of Japan is loosening its grip on yields. Today NAB\\u2019s Skye Masters explains what the move means and how markets responded. A sharp move down in the Yen suggests that more was expected. Also today further weakness in Europe \\u2013 in growth and inflation \\u2013 shows the ECB has almost certainly run its course, and more talk of how quickly they will start to lower rates. Meanwhile, all eyes today on the FOMC tomorrow morning, just before Thursday\\u2019s podcast and why, even though the will keep rates on hold, it\\u2019s not plain sailing for the US by any means.
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