Thursday 29th February 2024NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABMarkets responded sharply to the RBNZ hold decision yesterday, even though it was largely expected. The tone from the press conference that followed left most assuming there would be no more hikes, even if it’ll take a while for rates to come down. NaAB's Ken Crompton talks through how the markets reacted. He also suggests an above-consensus bounce back in Australian retail numbers today. US core PCE – the Fed’s preferred inflation measure – is also expected to lift a little, whilst US GDP was revised down ever so slightly. And happy leap day! Hosted on Acast. See acast.com/privacy for more information.

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“What did the council decide on item 42?” — answered with the speaker and the moment.