
BoE far more cautious than the Fed
Friday 18th March 2022After a very hawkish Fed yesterday, the Bank of England has presented a much more guarded approach for the rest of the year, whilst delivering the third interest rate in a row. NAB’s Gavin Friend talks about why the central bank has a reluctance to signal too much right now. Meanwhile, are markets concerned that the Fed is moving too fast? There’s discussion about Aussie unemployment numbers too and what the strong numbers mean for the RBA. The Bank of Japan is the next central bank, but inflation driven by a tight labour market is much less of a concern for them. Oil…
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