Fed and others less prepared to commit
Thursday 30th January 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABWhat do the Fed, the Riksbank and the Bank of Canada all have in common? Well, they all just made rate policy announcements, but they have all refused to provide forward guidance, or even determine where inflation is heading. JB Were’s Sally Auld says there’s a lot more uncertainty beyond domestic fundamentals, US trade policy being a significant part of that. The Fed, for example, removed the statement from last time about continued disinflationary progress. It’s been a significant session, with the Fed followed by earnings from big tech players, including Microsoft, Meta and Tesla. Hosted on Acast. See acast.com/privacy for more information.