Heading Up Table Mountain
Friday 1st September 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABSpeaking in Cape Town the Bank of England’s Huw Pill has likened their policy approach to Table Mountain, with interest rates remaining flat for some time before falling away quickly. So, does he mean they’ve reached the summit. It seems likely that the ECB is still in the cable car on the way up, with inflation remaining persistent. NAB’s Ken Crompton says markets have priced in only one more rise, which is a bit optimistic he suggests. The Aussie dollar has been helped by…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.