Episode Details
Back to Episodes
The Fed’s quandary: A soft landing but jobs plentiful
Description
Wednesday 31st January 2024
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
We are less than 24 hours away from the next FOMC meeting. NAB’s Tapas Strickland says an indication that the Fed was dropping its tightening bias would help validate the higher expectations for cuts in market pricing. But will it happen? Even though inflation is falling, consumer confidence is also on the rise and there are more than 9 million jobs looking for employees. Also today we discuss Australia’s retail numbers yesterday, what we can expect in today’s CPI and the latest forecasts from the IMF, which paints a slightly rosier picture in their latest World Economic Outlook.
Hosted on Acast. See acast.com/privacy for more information.