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Softer data, harder RBA

NAB Morning Call

00:00

Does the Rba Have Thepace of Rate Hikes?

The numbers look pretty good, just on on face vale. And look at e retail cells. I mean, they er, they held up fairly well. If that becomes a more a definite picture, if that flows through to other data, than the obversly raises the question about the stands the bank of england is taking. Do they have to become a bit more like the fed? Which brings us nicely on to the situation in australia. Because just as things might be softening in europe, and perhaps in the united states as well, they're not in australian. So you have to question, has the r b a got thepace of rate hikes

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