US inflation slowdown fuels party mood

Published: Nov. 14, 2023, 7:28 p.m.

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Wednesdsay 15th November 2023


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US inflation fell further than most expected \\u2013 although NAB had predicted a downward surprise. NAB\\u2019s Gavin Friend talks about the market response, which has been felt in equities, bonds and the dollar. It follows two big drops in Eurozone inflation, adding to the view that the worst is over and central banks can start focus on dropping rates rather than lifting. The US CPI comes in the thick of a range of critical data, including UK employment, Australian wages data, UK CPI, Japan\\u2019s CPI and a plethora of China numbers too. No wonder the markets are busy, and keen to party.



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