Europe’s Inflation Worries

Wednesday 1st March 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThere’s a growing concern that inflation is creeping back into Europe. That’s the case in France and Spain, with Germany’s CPI numbers out today and the Euro Area inflation print tomorrow. NAB’s Gavin Friend says markets are already pricing in a higher terminal rate, with the ECB’s Philip Lane talking up more rate hikes for longer. So how far will they go? Meanwhile, the Canadian economy has ground to a halt, and NAB has downgraded its forecast for Australian GDP today. Hosted on Acast. See acast.com/privacy for more information.