Sign inOpen the app
NAB Morning Call

The time has come

Aug 25, 2024 · 16 min · Season 8 · Episode 191 · 23.7 MB
0:00-16:20

Streams straight from the publisher. podnod never proxies or re-hosts episode audio.

Open in podnod

Monday 26th August 2024


NAB Markets Research Disclaimer 

Financial Services Guide | Information on our services - NAB


Even though Fed speakers positioned markets to expect gradual and methodical cuts late last week, it was a very different language used by Jerome Powell at Jackson Hole on Friday. NAB’s Tapas Strickland joins Phil to discuss what was said and how market reacted. It’s clear a September cut is coming, with the Fed chair declaring that “the time has come for policy to adjust”, with a focus more on easing in the jobs market than the fears of a reprise in inflation. They also look ahead to a fairly busy week for data, including CPI and retail sales in Australia. 

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