Waller asks whats the rush?
Wednesday 17th January 2024
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Bond yields have ushed higher in the US after the Fed\u2019s Christopher Waller made a speech on the economic outlook at The Brookings Institute, called \u2018Almost as Good as it Gets, but will it last?\u2019. NAB\u2019s Rodrigo Catril says he appeared less dovish than anticipated, hence expectations for rate cuts have been pushed back. Now the question is, will any central banks be cutting in the first half of this year? Today we look at the latest European data, the UK\u2019s muddy employment numbers, as well as looking ahead to a busy 24 hours, with a swathe of China data, UK inflation and US retail number.
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