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Thursday 20th June 2024
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Financial Services Guide | Information on our services - NAB
The UK, which has seen inflation rise to one of the highest levels, is also one of the first to get it down to target, with the headline rate down at 2% yesterday. Even so, the Bank of England won’t cut rates when they meet today, although perhaps three members of the panel might call for it. Het markets are now fully pricing the first cut at the back end of the year. NAB is expecting August. NAB’s Gavin Friend explains why the variety of opinions and expectations. He also talks about the EU’s plans to implement penalties for the large number of member states who are holding too much debt. Meanwhile, the Norges Bank and Swiss National bank meet today. He Swiss re expected to cut rates and win a football match.
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Thursday 27th June 2024
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
Yesterday’s inflation number for Australia was a big surprise, pushing up yields, particularly at the front end, and pushing back expectations for cuts by the RBA. Some...
Published 06/26/24
Wednesday 26th June 2024
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
Canada’s inflation came in hotter than expected in May and that’s pushed up Canadian bond yields overnight, but there’s been limited reaction to that – or anything really – on...
Published 06/25/24