Significant risk, still?
NAB Morning Call
00:00
Introduction
The f r m c minutes are out, and they talk of a significant risk if inflation isn't nipped in the bud. But have things moved on since then? I mean, the latest i s m numbers show a softening of demand and a fall in prices. Is that enough to change the dial at the fed? It seems the markets don't believe so. Australia's balance of trade is to day. And the bank of england, they seem to be hinting on going harder, despite the state of the economy in the u k. Maybe there's a reason for that, which we'll explore to day.
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