Swallowing the cost of tariffs
Wednesday 13th August July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABMarkets have looked at the latest inflation data from the US, assumed companies are largely swallowing the cost of import tariffs, which removes the excuse for the Fed to hold off cutting rates in September. NAB’s Ken Crompton says markets are close to fully pricing a cut. The US dollar is weaker from the news but continued to fall as resident Trump once again criticised Jerome Powell for being too late to cut and threatened action to have him removed.Phil and Ken also…
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