EPISODE · Apr 30, 2023 · 15 MIN
A big week for central banks as US inflation hangs on
from NAB Morning Call
Monday 1st May 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABIt’s a big week for central banks, with the ECB and FOMC expected to lift rates. The US employment cost index and PCI deflator on Friday showed that prices in the US are taking a while to moderate. In Europe GDP numbers showed the economy is starting to slow, but the market still has a rate rise priced in. But NAB’s Rodrigo Catril says the RBA is still expected to keep rates on hold tomorrow. Over the weekend China reported weaker than expected manufacturing numbers, and on Friday the Bank of Japan kept rates on hold and a continued dedication to yield curve control, even as Tokyo’s inflation numbers jumped higher. Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
Monday 1st May 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABIt’s a big week for central banks, with the ECB and FOMC expected to lift rates. The US employment cost index and PCI deflator on Friday showed that prices in the US are taking a while to moderate. In Europe GDP numbers showed the economy is starting to slow, but the market still has a rate rise priced in. But NAB’s Rodrigo Catril says the RBA is still expected to keep rates on hold tomorrow. Over the weekend China reported weaker than expected manufacturing numbers, and on Friday the Bank of Japan kept rates on hold and a continued dedication to yield curve control, even as Tokyo’s inflation numbers jumped higher. Hosted on Acast. See acast.com/privacy for more information.
NOW PLAYING
A big week for central banks as US inflation hangs on
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.