The Morning Call Podcast
UK Prices Up, NAFTA stuck, Xi sets the agenda – and will Taylor Rule the Fed?
Wednesday 18th October 2017
The US dollar and bond rates reacted (mildly) to rumours that John Taylor is the President’s favourite pick for chair of the Federal Reserve. Phil Dobbie asks NAB’s Rodrigo Catril whether this could mean a steeper path of rate rises? They also look at UK inflation, now at 3 percent, and Mark Carney’s testimony to the UK’s Treasury select committee. Just how quickly will they lift rates – and will we hear more tonight about the ECB’s plans to ease off on QE? Plus, President Xi’s opening speech at the 19th Communist Party Congress today, and important data from NAB on Aussie retail sales and commercial property out today.