Two central banks and lots of unhappy small businesses
The NFIB small business survey recorded its worst result since 2012. NAB’s Taylor Nugent talks through the result, plus the NAB business survey, and looks ahead to decisions by the Bank of Canada and RBNZ.
NAB Morning Call · NAB - The Morning Call
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Show Notes
Wednesday 10th April 2024
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US CPI numbers are out today along with a couple of meetings of central banks - the Bank of Canada and the RBNZ. NAB’s Taylor Nugent talks through the expectations for both those meetings, although clearly both are expected to be on hold. So which one will make the move first? We also discuss yesterday's NAB business survey and consumer confidence, as well as diving into the surprising results from the NFIB business optimism index in America which is at its lowest level since 2012. And Phil eats some humble pie.
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