Should The Fed Have Gone For 50bp?
Tony Nash, CEO, Complete Intelligence
16-Feb-23 07:00
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US retail sales in January jumped the most in 2 years and homebuilder sentiment rose in February by most since 2020 whilst US inflation rose by 0.5%. Should the Fed have been more aggressive and gone for a 50bp at the last meeting? Also Cisco's recent results beat expectations and is this a good indicator of strong spending on tech infrastructure and the revival of old tech? We speak to Tony Nash, CEO, Complete Intelligence.
Image credit: Shutterstock
Produced by: Michael Gong
Presented by: Wong Shou Ning, Chong Tjen San, Shazana Mokhtar
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Categories: markets
Tags: us inflation, us federal reserve, global supply chains,