The fall in the Aussie and the rise of the Hawks
NAB Morning Call
00:00
The Fed's Future Pauses May Not Happen
All the major three central banks at a hiking rate. The Bank of England, the ECB and the Fed was broadly in line with what they had been saying prior to that meeting. How do you manage the lag between growth slowing or heading into recession and waiting for inflation? I mean, do you still lift rates when the economy is slowing down so much? It's a very good question and very hard question to answer.
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