What happened before this:
- Fed Doesn’t Yet Favor A Half-Point Rate Hike Or An Emergency Move
- Fed’s Bullard Backs Supersized Hike, Seeks Full Point Increase By July 1
- Fed’s Barkin: Have To Be Convinced Of Need For Half-Point Rate Hike
- Goldman Ups Fed Forecast To 7 Hikes This Year; Citi See 50BP In March
- Biden Gets Inflation A Wake-Up Call As Odds Rise For GOP Takeover
- Lagarde Warns ECB Acting Too Fast Could Choke Economy’s Recovery
- UK Set To Make New Offer On Northern Ireland In Talks With The EU
- UK PM Johnson To Face A Confidence Vote If Fined Over ‘Partygate’
- Russia And Ukraine Say Berlin Talks Failed To Yield A Breakthrough
- RBA Governor: Could Hike Later This Year, See Risk In Going Too Early
- Oil Prices Turn Lower On Hot US Inflation Concerns; Gold Prices Steady
- US Treasury And Equity Futures Fall Amid Talk Of Faster Fed Hikes
Economic Release Data:
- New Zealand BusinessNZ Manufacturing PMI Jan: 52.1 (prev 53.7; prevR 53.8)
- New Zealand Card Spending Total (M/M) Jan: 2.1% (prev 1.9; prevR 1.7%)
- New Zealand Two-Year Inflation Expectations Q1: 3.27% (prev 2.96%)