Canadian Copycats

NAB Morning Call · Jun 7, 2023 · 17m

Thursday 8th June 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABHot on the heels of the RBA, the Bank of Canada also lifted interest rates yesterday against market expectations. JB Were’s Sally Auld says markets are having to adjust to the new reality, that central banks aren’t done yet. That’s certainly been reflected in bond yields, rising sharply in the US, Canada and Europe. Philip Lowe yesterday did nothing to talk down the likelihood of another rise, pointing to rising wages against falling productivity as a problem that has to be…