Back to expecting faster cuts (RBA/RBNZ excepted)?
Thursday 15th February 2024NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABCentral banks seem to be sounding a little more dovish, with the exception of the RBA and RBNZ of course. NAB’s Ray Attrill says market expectations are driving away from the higher-than-expected US CPI read, like a speeding car. Hence, bond yields have bounced back today. They rose even further in the UK where inflation came in lower than expected. With GDP numbers later likely to show an economy in recession, can the BoE really hold out much longer? It’s a movable feast…
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