BOE review, China economy & NFP preview - Tip TV

BOE expects inflation to recede in the long-run… that is sure to cheer up most Brits. However, Marc Ostwald, Strategist at ADM ISI, questions the reliability of BOE’s inflation forecasts. He believes there are many factors other than exchange rate that could keep the inflation high in the long-run.

He adds further that the BOE would look for every other reason to cut rates, but when the time comes to push rates higher (due to high inflation) the BOE would find other reasons to delay the hike.

Key points on China

China policy tightening is necessary

US data preview: wage growth numbers to overshadow non-farm payrolls

Ostwald is joined by Tip TV’s Zak Mir and Presenter Jenny Hammond

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