Significant risk, still?
NAB Morning Call
00:00
The Minutes Are Replete With Significant Risk
Minutes of the F o m c meeting show it could be between 50 and 75 basis points in interest rate rises. The market is pricing a much better price for 75 than 50, says Andrew Wilson. But there are two job vacancies for every one personh who's looking for work - that tells you just how tight the labour market still is. And prices have fallen too, from 82 point one to 80 point one. So soft are on jobs, less the man lowen prices. Isn't that exactly what the fr m c wants to see? No, absolutely.
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