Fed to push higher, Putin pushing for referendums
Wednesday 21st September 2022View our disclaimer and terms of use: nab.co/3shJyypView our NAB Financial Services Guide: nab.co/3rvJtI9Bond yields have pushed higher in the US and the UK ahead of the Fed and the Bank of England meetings tomorrow. NAB’s Taylor Nugent says the expectation is still for a 75 bp hike, although that was the assumption for the Riksbank too, but they lifted rates by 100 yesterday. But as Taylor points out, they are starting from a lower base. But are there signs that inflation is easing. Oil is down, China is reopening, Hong Kong has eased restrictions and Taiwan is…
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