The week central banks get serious
NAB Morning Call
00:00
The Market Is Placing With the 75
Personal spending was up one point one % month on month. That was a lot more than expected. So i'm not sure whether that is good news or bad news. I mean, if you've got supply constraints, then you could argue that it's just going to be another contributor to rising inflation. Yes? And the story there intems of ther thethe personal spending is essentially a reflection of consumers in the us. Digging into their savings in order to maintain the sort of expenditure patterns so, or at least il hav to keep up with it.
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