With mixed data from the US seeing a fall in stocks and a weakening of the dollar against sterling, Bill Hubbard considers how rate hike expectations might impact mortgages and the recovery:
- How the strong UK and weak US GDP numbers fit into the general recovery
- Slight change in FOMC rhetoric and a dip in the stock markets
- GBP/USD hitting highs on the contrast between growth figures and rate hike expectations
- Non-Farm Payrolls expected around 250k but how will markets react to a miss or a beat?
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