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NAB Morning Call

NAB Morning Call

Phil Dobbie

Start your day with the NAB Morning Call for the latest overnight key economic and market information straight from our team of expert market economists and strategists. This includes perspective on overnight news and market price action and the forces shaping movements in Australian and global markets in the days ahead.

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Categories: News & Politics

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Tuesday 17th September 2024

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Market pricing moved further in favour of a 50bpcut from the fed this week. Does that mean the Fed, who are expected to make at least one big cut before Christmas, side with the market? It makes it easier for them to walk through an open door, says JBWere’s Sally Auld on this morning’s podcast. There’s also discussion about Paul Krugman’s tweets overnight, suggesting that a data dependent Fed risks becoming Milton Friedman’s fool in the shower — the guy who alternately freezing and scalding himself because he’s too data-dependent. Canada’s CPI print is the only major data release of the day. What does it mean for the BoC, and how long do they stay in the shower for before they leave those taps alone?

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