US retail runs hot and inflation day for many
US retail spending was strong. Could it delay the Fed? Phil asks NAB’’s ray Attrill. They discuss CPI reads for the UK, NZ and Canada.
NAB Morning Call · NAB - The Morning Call
Audio is streamed directly from the publisher (sphinx.acast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Wednesday 17th July 2024
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
US retail numbers came in stronger than expected. Phil asks NAB’s Ray Attrill whether this could delay any moves by the Fed? Certainly, equity markets ae banking on cuts coming soon, with the rotation in stocks continuing and another strong session for the Russell 2000. Today the focus is on CPI. We’ve just had it for Canada, who seem to have it under control, and later we get it for the UK, where services inflation is putting up a fight, and New Zealand, where the economy is hanging out for a rate cut.
Hosted on Acast. See acast.com/privacy for more information.