End of rein for soaked Sunak , whilst NVIDIA storms ahead

Published: May 22, 2024, 8:30 p.m.

Thursday 23rd May 2024


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The UK Prime Minister stood out I the pouring rain to announce a July 4 election for the UK, months ahead of expectations. Perhaps he doesn\u2019t think the economy will improve so he might as well go sooner. It comes on the same day as the latest UK CPI numbers, which didn\u2019t fall as far as expected. Phil asks NAB\u2019s Gavin Friend whether this could all push rate cuts out further. There\u2019s a worry in some quarters that the Fed could be in the same boat, with FOMC minutes just out. In NZ Adrian Orr said the RBNZ even considered a rate hike for yesterday\u2019s meeting. Meanwhile, NVIDIA\u2019s latest earnings showed 



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