Recession fears stalk US markets and the RBA has an inflation problem
In Australia the RBA has engaged in a “high wire” act in exercising a comparative caution in raising the policy rate.
In Australia the RBA has engaged in a “high wire” act in exercising a comparative caution in raising the policy rate.
Markets turn quiet in the approach to holidays.
Non-farm payrolls data may reinforce the notion that the Fed will take more cautious steps from here.
The upside surprise in inflation could mean an RBA cash rate increase of either 40 or 50 basis points.
What price will be paid if the inflation genie escapes the bottle?