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Do the inflation and retail numbers cement in two cuts for the Fed?

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Content provided by NAB - The Morning Call and Phil Dobbie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NAB - The Morning Call and Phil Dobbie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Thursday 16th May 2024


NAB Markets Research Disclaimer

Financial Services Guide | Information on our services - NAB


US CPI came in broadly as expected overnight, but the markets reacted anyway. Perhaps they feared another upside surprise. NAB’s Taylor Nugent says the slowdown in retail numbers also raised expectations slightly that the Fed will squeeze in two rate cuts before the year is out. But what about the RBA? The wages data yesterday was helpful, but not enough to move the goal posts. What about the employment numbers today?



Hosted on Acast. See acast.com/privacy for more information.

  continue reading

1138 episoade

Artwork
iconDistribuie
 
Manage episode 418440477 series 1400104
Content provided by NAB - The Morning Call and Phil Dobbie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NAB - The Morning Call and Phil Dobbie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Thursday 16th May 2024


NAB Markets Research Disclaimer

Financial Services Guide | Information on our services - NAB


US CPI came in broadly as expected overnight, but the markets reacted anyway. Perhaps they feared another upside surprise. NAB’s Taylor Nugent says the slowdown in retail numbers also raised expectations slightly that the Fed will squeeze in two rate cuts before the year is out. But what about the RBA? The wages data yesterday was helpful, but not enough to move the goal posts. What about the employment numbers today?



Hosted on Acast. See acast.com/privacy for more information.

  continue reading

1138 episoade

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