Fed says three years near zero

Thursday 17th September 2020US interest rates will be lower for longer – that’s the takeout from today’s FOMC meeting. So, what are the implications of three, perhaps four years, of near zero rates? A question put to NAB’s Rodrigo Catril in today’s Morning Call podcast. How concerned should we be about deflation, with figures in the UK today showing a 0.4 percent fall in August? There’s also discussion on today’s labour market data for Australia, GDP numbers for Q2 for New Zealand and what to expect from the Bank of Japan and the Bank of England later on. Hosted on Acast. See acast.com/privacy for more information.