Lowe’s Last Stand, Lagarde’s Humble Pie
Tuesday 5th September 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABPhilip Lowe holds his final RBA meeting today. No press conference either. The expectation is that rates will be kept on hold for now. Bond yields have pushed a little higher, perhaps on the expectation that rates will push higher later in the year, which is NAB’s prediction. Europe saw some more soft data, along with words from ECB’s Christine Lagarde apologising for not always getting forecasts right and saying they needed to be more humble. Part of that humility was giving…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.