More work for the Fed, UK’s massive Truss Fund


Manage episode 340361745 series 1400104
Зроблено NAB - The Morning Call and Phil Dobbie і знайдено завдяки Player FM та нашій спільноті. Авторські права належать видавцю, а не Player FM, і аудіоматеріали транслюються безпосередньо з сервера видавця. Натисніть на кнопку Підписатися, щоб слідкувати за оновленнями в Player FM або скопіюйте і вставте посилання на канал до іншої програми для подкастів.

Wednesday 7th September 2022

View our disclaimer and terms of use:

View our NAB Financial Services Guide:

There was a strong response to the US Services ISM overnight, which came in stronger than expected. NAB’s Rodrigo Catril says they have raised expectations for a 75bp rate hike at the next FOMC meeting, pushing bond yields higher overnight. In the UK Liz Truss is officially Prime Minister and is expected to freeze energy bills with what could amount to a £1,500 subsidy per household. So that could help reduce inflation, but higher government spending could have the opposite effect, particularly in combination with planned tax cuts. There’s also discussion about the RBA decision, Australia’s widening current account surplus, China’s trade data and the Bank of Canada meeting tonight. A busy one.

Hosted on Acast. See for more information.

1545 епізодів