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Boards better off getting on with business than playing economists

The risk for investors is that boards use the interest rates confusion to shut up shop and wait until the supposed uncertainty clears.

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The new year has started for economists like the old one ended – everything’s jumping around.

The first big release, monthly inflation data for November, was a bit hotter than economists had expected and gives bond investors a small reason to think about their calls for a February interest rate cut.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/boards-better-off-getting-on-with-business-than-playing-economists-20250108-p5l2t4