Aussie inflation and not much more
There’s been lots of second tier data, but none of it points to a sharp downturn in the US economy, and reinforces the gradual approach by the Fed. NAB’s Skye Masters joins Phil today.
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Show Notes
Wednesday 28th August 2024
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Australia’s latest monthly inflation number is out today. Phil asks NAB’s Skye Masters what’s expected and how pivotal will it be to the RBA, given they seem intent to keep rates on hold until next year. This time tomorrow NVIDIA releases its Q2 earnings, possibly the most significant event in a week devoid of large data releases. Which is why Phil and Skye resort to picking the bones out of a number of second tier releases from the US and Europe from yesterday and overnight. But every number counts.
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