Why do so many expect the Fed to slow down?
Wednesday 26th October 2022
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
Equity markets and bonds have both rallied overnight, pushing yields lower again. NAB\u2019s Skye Masters says investors are still hoping that the Fed will slow down the path of rate hikes, although there\u2019s no data top suggest why they should and some commentators suggesting that rates might go up above 5 percent early next year. Italy\u2019s new PM is opposed to hikes and an end to QE, warning of the impacts it\u2019ll have on high debt economies, like Italy, for example. That\u2019s unlikely to stop the ECB lifting rates by 75 basis points, which is what the Bank of Canada is expected to do tonight. We also take a look at yesterday\u2019s budget and ask will it help combat inflation, or is the expectation that the RBA will do all the heavy lifting?
Hosted on Acast. See acast.com/privacy for more information.