Tighter than ever

NAB Morning Call · Nov 17, 2022 · 16m

Friday 18th November 2022NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABAnother 32 thousand Australians had a job in October, making the labour market the tightest it’s been in decades. NAB’s Ken Crompton says this cements in the expectation that the RBA will lift rates by at least 25 basis points in December, continuing on in the first meetings of the new year. There’s less expectation of the Fed slowing down as well, thanks to James Bullard suggesting interest rates could rise as high as seven percent. That’s hit equities and pushed bond yields…