Peak inflation, not yet
Wednesday 14th September 2022View our disclaimer and terms of use: nab.co/3shJyypView our NAB Financial Services Guide: nab.co/3rvJtI9Markets were caught off guard by the higher-than-expected inflation rad fom the US. The fall in energy prices has been offset by a broad-based rise across all other sectors. US equities fell heavily, bond yields rose and the US dollar gained significant ground. NAB’s Ray Attrill says the results have raised the spectre of a possible 100bp rise by the Fed and a higher terminal rate. The UK gets their inflation numbers later, after falling unemployment numbers…
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