Article
Ease In Our Time
Ease In Our Time
By Micael Every, Global Strategist at Rabobank
Yesterday saw the BOJ hike rates to 1%, the highest level since 1995, and the RBA hold at 4.35%, with some chatter of the next move being down, not up, despite inflation running way above 2%. Today it’s the turn of new Fed Chair Warsh who, like the other central banks, has to deal with a geopolitical backdrop which may or may not allow for any monetary policy easing.
There, the text of the 14-point US-Iran MoU has been leaked ahead...
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