Markets still at odds with RBA and ECB. Whos right?
b'Wednesday 2nd February 2022The RBA is still reticent to signal a rate rise this year, even as they lift their inflation forecasts. NAB\\u2019s Ivan Colhoun says a lot rests on what Governor Lowe has to say today. The ECB is also playing it cool, but with 2-year German Bund yields climbing higher than the loan rate its clear the markets don\\u2019t agree with them either. NAB\\u2019s Rodrigo Catril talks through the latest data from Europe and the US, and reasons why equities are so much calmer and why the Aussie dollar has bounced back today.
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