Fed hikes, BoE given a nasty inflation surprise
Thursday 23rd March 2023
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
As envisaged, the FOMC meeting has agreed to a 25bp rate hike in the US, with Jerome Powell indicating there is more to come. But, as discussed with NAB\u2019s Gavin Friend, the Fed chair has suggested that it\u2019s possible that credit tightening from banks, after the recent turmoil, will do some of the work for them. Next, it\u2019s the Bank of England. It seemed likely that there would be no move but could that change with a surprise increase in UK inflation announced yesterday.
Hosted on Acast. See acast.com/privacy for more information.