Today in my conversation with Chris Temple we focus on the better economic data that has been released from a number of countries. Many of the major central banks are pointing to the improving economies (based on recent data) as a reason to take a more hawkish monetary stance. But is this the right thing to do?
We also comment on the move up in oil today, back above $50/barrel. How did the hurricanes impact this move and what would a higher oil price mean for the economic growth mentioned above?
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