Buckle Up, it’s going to be a bumpy ride
Monday 22nd May 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABMarkets are distinctly uneasy at the start of the week, as the Republicans and Democrats are sticking to their entrenched position in US debt ceiling talks. NAB’s Rodrigo Catril says it’s a sharp contrast to the upbeat tone on Thursday, so we can expect a large amount of volatility unless they pull something out of the hat on Monday. Meanwhile Jerome Powell hinted over the weekend that the Fed could pause in June, despite the rhetoric from other board members last week. Whilst…
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