Aussie low on China worries, European inflation eases
NAB Morning Call
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The Labor Market and the Fed's Expectations for a Flat GDP
Q1 GDP is expected to be flat. Is that, I mean, normally you wouldn't like that, but is that a good thing? We're going to get the latest numbers from the US tomorrow night in the payrolls number. But at the moment, and then just say those numbers tomorrow are going to be pretty important. So it's not growth per se, it's whether that wheat growth necessarily translates into, you know, lower inflation. And the roots to that is probably by the labor market.
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