US inflation cools more than we dared hope
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Thursday 13th July 2023
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There was quite a response to the cooling in US inflation last night, pushing US equities to 15-month highs and sending bond yields lower. NAB\\u2019s Tapas Strickland delves into the CPI numbers and the market reaction, and what it means for future expectations from the Fed. There\\u2019s also discussion about Philip Lowe\\u2019s speech yesterday, giving the RBA\\u2019s response to suggested reforms for Australia\\u2019s central bank. Plus, decisions from the RBNZ and the Bank of Canada. Today\\u2019s data highlights include China\\u2019s trade balance and the US jobless claims.
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