Decelerating inflationary expectations plus a limited increase in unemployment
The good news on the recent deceleration in inflationary expectations is many major central banks have likely finished tightening their official cash rates. The five English-speaking central banks tabled below have, on average, tightened on 12 separate occasions to 5.07 per cent. Australia is the outlier, at 4.35 per cent. Country Date of first tightening… Continue reading →