A handpicked article read aloud from the latest issue of The Economist. Published weekdays from Monday to Thursday. If you’re already a subscriber to The Economist, you’ll have full access to all our shows as part of your subscription. For more information about Economist Podcasts+, including how to get access, please visit our FAQs page here https://myaccount.economist.com/s/article/What-is-Economist-Podcasts.
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US jobs hot, Macron snaps
Manage episode 422910771 series 1400104
Content provided by NAB - The Morning Call and Phil Dobbie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NAB - The Morning Call and Phil Dobbie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Tuesday 11th June 2024
NAB Markets Research Disclaimer
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Non-farm payrolls came in a lot higher than expected in the US on Friday. Not only were there more people in jobs, but wages are also rising faster than expected. Phil asks NAB’s Taylor Nugent how uncomfortable this will be for the Fed and what it’s done to market expectations There will be a lot of focus on the FOMC meeting this week, with the dot plot telling us when the Fed thinks we’ll see rate cuts. Whilst the ECB has been working hard to reel back expectations for rate cuts in Europe, President Macron has thrown the cat amongst the pigeons by calling a snap election in France, in response to a lurch right in the weekend European Parliamentary elections. It’s not going to be a dull week.
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Manage episode 422910771 series 1400104
Content provided by NAB - The Morning Call and Phil Dobbie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NAB - The Morning Call and Phil Dobbie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Tuesday 11th June 2024
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
Non-farm payrolls came in a lot higher than expected in the US on Friday. Not only were there more people in jobs, but wages are also rising faster than expected. Phil asks NAB’s Taylor Nugent how uncomfortable this will be for the Fed and what it’s done to market expectations There will be a lot of focus on the FOMC meeting this week, with the dot plot telling us when the Fed thinks we’ll see rate cuts. Whilst the ECB has been working hard to reel back expectations for rate cuts in Europe, President Macron has thrown the cat amongst the pigeons by calling a snap election in France, in response to a lurch right in the weekend European Parliamentary elections. It’s not going to be a dull week.
Hosted on Acast. See acast.com/privacy for more information.
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A handpicked article read aloud from the latest issue of The Economist. Published weekdays from Monday to Thursday. If you’re already a subscriber to The Economist, you’ll have full access to all our shows as part of your subscription. For more information about Economist Podcasts+, including how to get access, please visit our FAQs page here https://myaccount.economist.com/s/article/What-is-Economist-Podcasts.
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