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ECB cuts rates, more to come soon?

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Manage episode 445630178 series 1400104
Indhold leveret af NAB - The Morning Call and Phil Dobbie. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af NAB - The Morning Call and Phil Dobbie eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

Friday18th October 2024


NAB Markets Research Disclaimer

Financial Services Guide | Information on our services - NAB


The ECB has cut rates with Christine Lagarde saying the disinflationary process is on track. NAB’s Gavin Friend says since the last meeting inflation has come down, and lower growth will be giving the bank confidence that it will continue in that direction. Nonetheless, base effects might see a temporary rise in core and headline rates that make it difficult to signal back-to-back cuts, even though the weakness in the economy could well demand it. Meanwhile strong jobs data In Australia should be the final nail for those looking for another RBA cut this year. Similarly, strong retail sales growth in the USA demonstrates a resilient economy that can survive without rapid rate cuts. On that basis could we see the Fed move just once before Christmas?



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1344 episoder

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ECB cuts rates, more to come soon?

NAB Morning Call

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Manage episode 445630178 series 1400104
Indhold leveret af NAB - The Morning Call and Phil Dobbie. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af NAB - The Morning Call and Phil Dobbie eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

Friday18th October 2024


NAB Markets Research Disclaimer

Financial Services Guide | Information on our services - NAB


The ECB has cut rates with Christine Lagarde saying the disinflationary process is on track. NAB’s Gavin Friend says since the last meeting inflation has come down, and lower growth will be giving the bank confidence that it will continue in that direction. Nonetheless, base effects might see a temporary rise in core and headline rates that make it difficult to signal back-to-back cuts, even though the weakness in the economy could well demand it. Meanwhile strong jobs data In Australia should be the final nail for those looking for another RBA cut this year. Similarly, strong retail sales growth in the USA demonstrates a resilient economy that can survive without rapid rate cuts. On that basis could we see the Fed move just once before Christmas?



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

  continue reading

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