High stakes, higher prices, bigger hikes?
b'Friday 11th February 2022View our disclaimer and terms of use: nab.co/3shJyypView our NAB Financial Services Guide: nab.co/3rvJtI9Markets reacted swiftly to a higher-than-expected rise in the US CPI. NAB\\u2019s Gavin Friend says its unlikely that the Fed will raise rates by half a percent in March, even though many now expect it and the Fed\\u2019s Bullard has said he isn\\u2019t opposed to the idea. Gavin\\u2019s point, if they were to do that, why haven\\u2019t they stopped QE dead in its tracks? Today\\u2019s podcast looks at the market reaction in the US and yield movements in Europe. There\\u2019s been more discussion about Ukraine, but one British former diplomat has described the whole thing as a Russian fishing trip. And new Yuan loans have seen a heap of extra money piled into the Chinese economy.
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