Powell keeps quiet, Trump speaks out
Description
Wednesday 24th September 2025
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
Not a lot of movement in the markets today, and what there has been mostly comes from what’s not being said. Jerome Powell didn’t give any commitment to a path of cuts from the Fed, instead focusing on the rising challenges of inflation and employment. It was enough to drive bond yields lower and stop the forward momentum in the US share market, particularly for tech stocks. For now. Meanwhile, Donald Trump didn’t hold back at the UN, giving his forthright views on immigration and the climate ‘hoax’. Today the focus is on Australian CPI. NAB’s Sally Auld, on the road in Narrabri, tells us what to look out for in that set of numbers.
Hosted on Acast. See acast.com/privacy for more information.