Thursday 15th September 2022View our disclaimer and terms of use: nab.co/3shJyypView our NAB Financial Services Guide: nab.co/3rvJtI9Yesterday, markets responded sharply to the higher-than-expected inflation read from the US. You might have expected a bit of a correction today as markets take stock of the news, but that didn’t really happen. As NAB’s David de Garis points out, there is still an expectation of sharp moves by the Fed, with the possibility of a 100bp rise still on the table. UK inflation fell back into single figures, but only because petrol prices have fallen. Today Australian employment numbers and US retail sales are the figures to look out for. 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.