US inflation data a shocker

Nov 10, 2021 | Currency, Money Market

Team transitory suffered a blow after another shockingly high US CPI print that has reverberated across markets, seeing much higher US rates across the curve and spilling over into Australian bond futures, says BNZ Markets The data supported the USD, dragging the NZD below 0.71, while the AUD is finding support around 0.7350. “Inflation has […]

 


 

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