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Podcast: NAB Morning Call
Episode:

BoJ loosens its grip, Fed will keep a tight hold

Category: Business
Duration: 00:16:36
Publish Date: 2023-10-31 19:40:16
Description:

Wednesday 1st November 2023


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The 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.



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