Surprising data does little to move the dial for central banks
Thursday 15th February 2024NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThere have been some surprises in the last 24 hours but it seems none of it will change the dial for central banks. Australia’s unemployment ticked above 4% yesterday, but JBWere’s Sally Auld explains why you have to be cautious about January numbers and why it doesn’t really add to the pressure for the RBA to cut sooner. The latest GDP numbers in the UK, which showed the country has been in recession for the last two quarters, but the BoE was quick to respond on the need to…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.