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‘As expected’ brings a sigh of relief
Season 8
Episode 43
Published 1 year, 10 months ago
Description
Friday 1st March 2024
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Markets were relieved that the US PCE deflators came in in-line with expectations. But, as JBWere’s Sally Auld points out, the six-month annualised rate is ticking up a little, hence the desire by th Fed to see more data before committing to rate cuts. Ion a busy episode today we look at European inflation, Australian retail sales, house prices, Canada’s GDP and words from one BoJ governor suggesting the time is right to lift rates.
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