A sticky last mile for Europe

Tuesday 30th April 2024NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABGerman inflation numbers overnight were stickier than expected, presenting a challenge for the ECB, one of the few central banks that has been talking-up the mid-term rate cuts. Phil asks NAB’s Rodrigo Catril if this puts June cut in jeopardy, or the expected follow-up cuts later in the year. Elsewhere we saw a sharp reversal in the value of the Yen. Has it been driven by intervention, or at least the anticipation of it? Australia’s retail numbers will be the focus locally today.   Hosted on Acast. See acast.com/privacy for more information.