All steps in the right direction
Thursday 30th November 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABAustralian inflation was lower than expected yesterday. It was the same in Germany. And US quarterly PCE prices were revised lower. All signs that seem to be indicating price growth is slowing and central banks will be pushing rates lower. But there are some caveats to all that. NAB’s Gavin Friend reminds us that the monthly CPI numbers in Australia are heavily influenced by the sample rotation, which will have underplayed services inflation, so it’s too early to take NAB’s…
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