More caution from the Fed, very little in Gaza

Thursday 12th October 2023

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Whilst central banks, particularly the Fed, are increasingly cautious about further rate hikes, the RBA’s Christopher Kent hinted that more might need to be done to slow the Aussie economy. NAB’s Tapas Strickland says a hike in November is likely to get the market speculating on another one early next year. Meanwhile, there’s very little caution being displayed in the Middle East, with volatility in oil prices as the question remains as to whether Iran will be implicated in any way and face sanctions that could cut global oil supplies.

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