Sally Auld

Sally Auld, NAB's markets economist, dives into the optimistic economic landscape of Australia and New Zealand. She highlights unexpected gains in NZ's retail sales and strong business confidence following RBNZ easing. Auld also discusses Australia's robust private capital expenditure, reminiscent of the mining boom, and how this impacts interest rate expectations. Additionally, she examines the puzzling behavior of the Aussie dollar and touches on new lending regulations from APRA, painting a comprehensive picture of current market dynamics.

Join Sally Auld, NAB Markets economist, as she dissects the booming Australian housing market with rising prices and increased dwelling approvals. She explains how RBA policy doesn't target house prices directly but acknowledges that wealth effects influence consumer behavior. The conversation also dives into the latest US manufacturing numbers, highlighting a two-speed economy, tariff impacts on smaller firms, and insights into China’s export struggles. Auld offers a glimpse into NAB's forecasts and the RBA’s cautious approach ahead.

In this discussion, Sally Auld, NAB’s Chief Economist in waiting, shares her insights on market trends amidst a backdrop of geopolitical tensions. She highlights a rise in U.S. equities, despite soft economic indicators like the Dallas Fed Manufacturing Survey. Auld also delves into the implications of Germany's increased defense spending and Europe’s evolving stance on Ukraine. Additionally, she points to New Zealand's impressive retail sales as a sign of economic recovery, suggesting a cautious optimism for the markets ahead.

In this insightful discussion, Sally Auld, NAB's markets economist, shares her expertise on pivotal global economic shifts. She delves into the implications of recent Fed dissents and the timing snafu with U.S. payroll data. Sally highlights the UK's troubling GDP figures just ahead of the Bank of England's meeting and contrasts this with other European central banks that are expected to maintain steady rates. Additionally, she reviews promising data from New Zealand and deciphers European inflation trends, all while previewing crucial upcoming global data.

Sally Auld, a markets economist and strategist at NAB, shares her insights on the latest Federal Reserve rate cut and the implications of dissenting opinions within the committee. She discusses the cautious language used by the Fed and the potential end to easing cycles for major global central banks. There’s also talk about Canada’s steady rates, Europe’s improving growth forecasts, and what Australia’s employment data might mean for future RBA decisions. Auld's keen analysis offers a fascinating peek into the complex world of economic policymaking.

Sally Auld, a Senior NAB economist, dives into Australia's unique economic navigation post-inflation. She contrasts Australia’s gentle approach with New Zealand's harsher tactics, emphasizing how the RBA's cautious rate rises preserved jobs. Sally warns that limited spare capacity poses risks if growth accelerates too quickly, potentially igniting inflation. She discusses key indicators the RBA monitors and considers two scenarios for 2026, leaving listeners pondering the delicate balance of maintaining stability without tipping into inflation.

Sally Auld, NAB's markets economist, analyzes the recent surge in Australian investment home loans, indicating that the RBA's policies may not be as restrictive as they anticipated. She discusses how this surge could limit the case for immediate rate cuts. The conversation shifts to the US, where a potential vote to end the government shutdown looms, but potential disruptions in data reporting raise concerns. Auld also touches on ECB rates and global economic indicators, painting a complex picture for markets ahead.

Sally Auld, an expert NAB economist, dives into the recent Fed rate cut decision, highlighting internal divisions within the FOMC. She explains how a surprising spike in Australia's CPI could delay expected rate cuts from the RBA until May. The discussion also touches on the implications of halting quantitative tightening and previews upcoming decisions from the Bank of Japan and ECB. With insights into the broader economic landscape, Auld brings clarity to complex central bank dynamics.

Sally Auld, the Chief Economist at National Australia Bank, dives into Australia’s economic challenges and forecasts three rate cuts by year’s end. The discussion highlights a disappointing 0.2% growth, the impacts of vanishing electricity bill subsidies on household spending, and stagnant productivity rates. Auld also explains the concept of capital shallowening affecting productivity growth and how recent monetary policy shifts aim to balance inflation control with fostering economic growth.

In this engaging discussion, Sally Auld, NAB's market economist and strategist, delves into the implications of the RBA’s recent interest rate cut. She shares insights on the divided market expectations surrounding the decision and the potential for further reductions. The conversation also covers the contrasting paths of the RBA and the Fed, with ongoing inflation in the U.S. Moreover, Sally analyzes the significant movements in both Australian and Japanese bond yields, unraveling the complexities of global economic discrepancies and domestic inflation trends.