NAB Morning Call Powell the Grinch?
Nov 17, 2024
Taylor Nugent, NAB’s market strategist, shares insights on Jerome Powell's recent comments regarding Federal Reserve rate cuts. He discusses the mixed US data, highlighting strong retail sales and unexpected manufacturing growth. There’s a focus on market reactions and the global implications of these developments. Nugent also touches on the week ahead, suggesting it will be filled with central bank commentary rather than concrete data. This analysis paints a picture of a complex economic landscape where uncertainty looms.
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