
US Core PCE deflator. Why you need to look at the second decimal place.
Friday 28th June 2024NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThere wasn’t a lot of data of significance around overnight, but the combination of a range of weak data prints fuelled some hope that the fed will cut sooner than markets had been moved towards. NAB’s Ray Attrill says a slight overnight rally on Australian bonds was likely to be a response to what the RBA’s Andrew Hauser has been saying, suggesting a partial CPI print for one month was hardly enough to base rate expectations on, and there’s a lot more data before the August…
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