
048 - Fed hike expectations oscillate between 75-100bps before settling on 75bps
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Business & Finance
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<p>Inflation is still in focus as the US printed at 9.1% - the fastest pace since 1981. Bank of Canada surprises with 100bps to front load hikes due to inflationary concerns. Waller and Bullard talk down hike expectation to 75bps from 100bps. Fed funds rate has 75bps at 70% for 27 July hike. Bank earnings disappoint; this week, NFLX and Tesla kick off the tech side. Housing data is in focus on Tuesday, given Waller's comments. EU, UK and CAD CPI, UK employment data, plus a lot more in this week's podcast. </p>