Today’s focus ……Trussonomincs RIP…..is she next? and the UK u-turn brings joy to the markets.
Unelected chairman Hunt doing the bidding of the WEF.
Apparently Philip Lowe got laughed out of the building at a meeting of central bankers when he informed the he still had to contend with 1/4ly CPI data. When all other developed countries moved to monthly 30 years ago.
The ABS is releasing the first monthly CPI figures on October 26. Backdated to 2018. Probably some insights there. And maybe some more volatility as more data rolls in. Maybe they were waiting for this data before they pulled the .5% trigger. Could be some cold showers on October 26.