2 percent or not 2 percent, that is the question
Friday 9th July 2021Is it below 2 percent or at…
NAB Morning Call · NAB - The Morning Call
July 8, 202114m 48s
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Show Notes
Friday 9th July 2021Is it below 2 percent or at 2 percent? The ECB has made subtle changes to its inflation target, but has flatly rejected the Fed approach of average inflation targeting. NAB’s David de Garis explains what’s changed in the ECB’s approach. Plus words from Philip Lowe yesterday about the RBA’s reluctance to shift policy until unemployment is (much) lower. Plus, oil up as US supplies fall, and the reflation trade takes a breather as COVID concerns rise. Listen in for the detail.
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