If there was any remaining doubt that the era of low interest rates is dead, it was dispelled by the RBA’s rate hike announcement last week and its admission of how high it expects inflation to push up and settle eventually. The immediate question financial markets...
Volatile financial markets in April saw risk assets mostly weaken during the month and government bond yields pushed higher. high inflation readings prompted some central banks to deliver bigger interest rate hikes and the US Fed indicated that when it meets this week...