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Good MornING Asia - 29 July 2021

Good MornING Asia - 29 July 2021

  • 29 July 2021

US Federal Reserve Chair, Jay Powell, says the US has made progress, but not "substantial further progress" towards attaining the goals that will allow for a taper. But he expects to discuss that progress further over coming meetings - so more than one meeting, two then? That basically takes us to December. Just as the market was expecting

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Powell changes Fed stance one word at a time
29 July 2021

Powell changes Fed stance one word at a time

US Federal Reserve Chair, Jay Powell, says the US has made progress, but not "substantial further progress" towards attaining the goals that…

Australian 2Q21 inflation overshoots target - no worries
Quick take
Australia
28 July 2021

Australian 2Q21 inflation overshoots target - no worries

3.8% annual inflation sounds alarming, but it was only slightly higher than expected - with core and trimmed mean inflation measures all more reasonable.…

US Treasury yields Transitory RBA rate policy Powell FX FOMC CNH Australian inflation AUD

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