Wednesday 31st May 2017

Central banks, supposedly, lift rates to stop economies overheating, and to calm the ravages of inflation. Yet the US, Germany and Spain have all seen inflation fall, and Europe’s figures are likely to show the same. Phil Dobbie asks NAB’s Tapas Strickland what this means to the ECB and US Fed’s plans to raise rates and cut QE. We also look at Trumps latest Twitter torments, and a plethora of data out today.