The Weekend Edition: It’s tough at the top of the mountain
Friday 15th September 2023Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disclaimer here.The BoE’s Huw Pill recently likened the path of interest rates to Table Mountain, as he gazed out the window of a conference in Jo’burg. The FT’s Markets Editor Katie Martin says markets have finally accepted the high for longer mantra from central banks, but says it’s not been an easy time for analysts in financial markets, particularly those who had been telling clients to prepare for the US recession that never came. Does that…
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