You’re Fired! Assuming it is legal.
Wednesday 27th August July 2025
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
President Trump posted an open letter to the Fed’s Lisa Cook saying she was removed from her position, effectively immediately. Legal proceedings will almost certainly follow, particularly ss she has not yet been charged with any crime, but, as NAB’s Taylor Nugent discusses on today’s podcast, markets have taken it in their stride, apart from a mild steepening in the yield curve.
Aside from that it’s been a quiet session. US consumer confidence data showed continued…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.