Wait and see

Wednesday 12th August 2026NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABIt was, as expected, a fairly hawkish RBA yesterday. As NAB’s Skye Masters explains, tweaks to forecasts were relatively minor and they still expect to see inflation back on target in the second half of next year, but Michelle Bullock said she personally believes another hike this year might be necessary. ‘We’ll have to wait and see,’ she said, which seems to be the markets approach to everything right now, including the impacts of the Gulf, which is in stalemate. The impact of that, and AI spending and wage growth will be watched for in today’s US CPI. Will price growth slow? We’ll have to wait and see. Hosted on Acast. See acast.com/privacy for more information.