Will improving global data reverse central bank dovishness?

Sun, 14 Apr 2019

By Jenny Ruth April 15 (BusinessDesk) - Recent global data and figures due out this week aren't exactly backing the suddenly dovish stance of a number of central banks, including the United States' Federal Reserve and New Zealand's own Reserve Bank. For example, manufacturing indicators for both the US and China, US employment data and prices for New Zealand's key commodity, dairy, have all been delivering positive news recently. That is starting to cast doubt on whether the market has been right in pricing in up to two interest rate c...

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