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NAB Morning Call
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Inflation Is Only Going to Get On, Isn't It?
Good news is bad news, isn't it? Because there's yet more resilience being shown in in the k market. It seems reasonable to endorse what the bank of england is saying, that the k economy needs to be ready for a severe slow down - and that it is likely to come later in the year. But in the meantime, inflation, againi hugely elevated. An therefore, even though the economy is likely to slow down, central banks w looked to to increase de cas rate in order to bring the inflation to hell sotte,. people bring sails forward.
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