<p><strong>Monday 19th August 2024</strong></p><br><p><a href="https://www.nab.com.au/content/dam/nabrwd/documents/notice/corporate/nab-research-disclaimer.pdf" rel="noopener noreferrer" target="_blank">NAB Markets Research Disclaimer</a>&nbsp;</p><p><a href="https://www.nab.com.au/financial-services-guide?S_KWCID=SEACT" rel="noopener noreferrer" target="_blank">Financial Services Guide | Information on our services -</a>&nbsp;<a href="https://www.nab.com.au/financial-services-guide?S_KWCID=SEACT" rel="noopener noreferrer" target="_blank">NAB</a></p><br><p>Central bankers get together for the glitzy proceedings of the Jackson Hole Symposium this week. Will Jerome Powell use it s a springboard for more advice on how and when the Fed will cut rates? Probably not, says NAB’s Rodrigo Catril, given the focus on data in Fed decision making and there’s much that’s new in the intervening days. Still, markets are optimistic, evidenced by seven days of consecutive growth in the S&amp;P share index up to Friday. The Riksbank could announce a supersized cut this week and a softer Canadian CPI print could see the Bank of Canada heading the same way.&nbsp;</p><br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

NAB Morning Call

Phil Dobbie

All eyes on Jackson Hole

AUG 18, 202414 MIN
NAB Morning Call

All eyes on Jackson Hole

AUG 18, 202414 MIN

Description

<p><strong>Monday 19th August 2024</strong></p><br><p><a href="https://www.nab.com.au/content/dam/nabrwd/documents/notice/corporate/nab-research-disclaimer.pdf" rel="noopener noreferrer" target="_blank">NAB Markets Research Disclaimer</a>&nbsp;</p><p><a href="https://www.nab.com.au/financial-services-guide?S_KWCID=SEACT" rel="noopener noreferrer" target="_blank">Financial Services Guide | Information on our services -</a>&nbsp;<a href="https://www.nab.com.au/financial-services-guide?S_KWCID=SEACT" rel="noopener noreferrer" target="_blank">NAB</a></p><br><p>Central bankers get together for the glitzy proceedings of the Jackson Hole Symposium this week. Will Jerome Powell use it s a springboard for more advice on how and when the Fed will cut rates? Probably not, says NAB’s Rodrigo Catril, given the focus on data in Fed decision making and there’s much that’s new in the intervening days. Still, markets are optimistic, evidenced by seven days of consecutive growth in the S&amp;P share index up to Friday. The Riksbank could announce a supersized cut this week and a softer Canadian CPI print could see the Bank of Canada heading the same way.&nbsp;</p><br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>