US CPI not so soft, NAB’s new Q4 CPI forecast
Friday 12th January 2024NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABUS inflation was a little bit of a surprise. Whilst the headline rate was expected to rise a little, it came in higher than forecast, whilst the core rate didn’t fall as much as had been hoped for. NAB’s Ken Crompton says the Fed’s super core measure is the part of the inflation picture that refuses to come down, all of which could impact the speed at which the Fed will bring rates down. Meanwhile NAB has revised the forecast for Q4 CPI for Australia on the back of this week’s…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.