Year kicks off with rising inflation concerns

Monday 13th January 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABNAB’s Ray Attrill joins Phil on the podcast this morning, where the inflation outlook is very different to where we were before Christmas. Ray says Fed-speak last week was already pushing back expectations for a rate cut in the US, then a much stronger than anticipated payrolls number of Friday reaffirmed those concerns. That’s pushed yields higher and weekend equities, whilst the US dollar continues to rise, at the expense of all other major currencies. With US inflation data this week, prepare for a choppy one. Hosted on Acast. See acast.com/privacy for more information.