Fed still pushing, BoE pushes back, EU struggling for answers
Monday 12th September 2022View our disclaimer and terms of use: nab.co/3shJyypView our NAB Financial Services Guide: nab.co/3rvJtI9Curiously, US shares pushed higher towards the end of last week, even though there is no sign of the central bank slowing down its path of rate rises. Quite the reverse in fact. NAB’s Rodrigo Catril says short-selling has been a driving force behind this and we can expect volatility in equity markets for some time. Meanwhile, front end bond yields are rising as Fed speakers find new ways to signal continued tightening, with no let-up until the job is done. We…
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