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Markets accept rate hikes if they tame inflation

NAB Morning Call

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What's the Expectation of Inflation?

The market is well priced for two 50 bases point hikes. The fed has said that they're willing to take the pain and the growth pain that that implies. And our uno colleagues in new zealand have agreed that this is going to slow down nd unpotentially, you know, bring the new zealand economy towards a recession. But it's the parth tha the abian sal is going to take because of that concern around inflation. So we need to watch what inflationis going to do over t coming months.

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