US shopping adds pressure on the Fed

NAB Morning Call - A podcast by Phil Dobbie

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Wednesday 18th October 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABMarkets are now more focused on central bank expectations, with the hope that world leaders can contain the war in Israel and Gaza. NAB’s Tapas Strickland talks through the stronger than expected US retail numbers, as inflation expectations rise. The RBA are also sounding more hawkish, with the minutes of the last meeting talking of lower tolerance for the slower return of inflation. UK CPOI today could fuel a hike by the BoE as well. But, two central banks are likely to be on hold, with Canada and New Zealand both seeing inflation come in lower than expected. Plus, which well-paid deejay is hanging up his headphones? Hosted on Acast. See acast.com/privacy for more information.

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