Unanimous uncertainty
NAB Morning Call
00:00
Introduction
The Fed is on pause, no surprise there perhaps. But they are suggesting another half percent before they reach their terminal rate. So if that means two more rises, why pause now? And even though it was a unanimous decision, the Fed is as divided as ever. That's evidenced by the dot plots that are all over the place. Maybe the ECB will be a bit more unified there next. Australian employment numbers today as well, and a hate, swathe of data from China and the US. This Thursday, the 15th of June, 2023, it's the morning call from NAB.
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