BoJ loosens its grip, Fed will keep a tight hold

Wednesday 1st November 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe Bank of Japan is loosening its grip on yields. Today NAB’s Skye Masters explains what the move means and how markets responded. A sharp move down in the Yen suggests that more was expected. Also today further weakness in Europe – in growth and inflation – shows the ECB has almost certainly run its course, and more talk of how quickly they will start to lower rates. Meanwhile, all eyes today on the FOMC tomorrow morning, just before Thursday’s podcast and why, even though the will keep rates on hold, it’s not plain sailing for the US by any means. Hosted on Acast. See acast.com/privacy for more information.