US retail runs hot and inflation day for many
Wednesday 17th July 2024
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
US retail numbers came in stronger than expected. Phil asks NAB\u2019s Ray Attrill whether this could delay any moves by the Fed? Certainly, equity markets ae banking on cuts coming soon, with the rotation in stocks continuing and another strong session for the Russell 2000. Today the focus is on CPI. We\u2019ve just had it for Canada, who seem to have it under control, and later we get it for the UK, where services inflation is putting up a fight, and New Zealand, where the economy is hanging out for a rate cut.
Hosted on Acast. See acast.com/privacy for more information.