EPISODE · May 19, 2026 · 15 MIN
Oil has been rising, pass it on
from NAB Morning Call
Wednesday 20th May 2026NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe worry from just about everywhere is that when there’s a supply shock, companies are quicker to pass on the costs to their customers than they would in ordinary times. The RBA said as much in a paper yesterday. NAB’s Ray Attrill says that’s why NAB now expects another rate rise next month. Others are saying the same thing about inflationary worries, including the BoJ’s Gov Ueda yesterday, but is it concerning enough for him to raise rates? Meanwhile, President Trump’s TACO moment over planned attacks on Iran means the world continues to watch oil reserves dwindle and prices steadily rise. Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
Wednesday 20th May 2026NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe worry from just about everywhere is that when there’s a supply shock, companies are quicker to pass on the costs to their customers than they would in ordinary times. The RBA said as much in a paper yesterday. NAB’s Ray Attrill says that’s why NAB now expects another rate rise next month. Others are saying the same thing about inflationary worries, including the BoJ’s Gov Ueda yesterday, but is it concerning enough for him to raise rates? Meanwhile, President Trump’s TACO moment over planned attacks on Iran means the world continues to watch oil reserves dwindle and prices steadily rise. Hosted on Acast. See acast.com/privacy for more information.
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Oil has been rising, pass it on
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