Lowe on QE, US equities up, pound lower, US inflation tonight - a podcast by Phil Dobbie

Wednesday 27th November 2019

RBA Governor Philip Lowe said QE wouldn’t happen in Australia until interest rates got down to 0.25%. NAB’s Rodrigo Catril goes through the take-outs from the speech yesterday. Plus, equities hit new highs in the US again on further hopes of a trade resolution with China. Phil Dobbie asks Rodrigo if, once again, the news really warrants the moves. The pound moved lower as Boris Johnson’s lead in the UK polls narrowed a little. Plus falling confidence in the US and the numbers behind their narrowing trade deficit. And a slug of US data out tonight, include inflation numbers and words from the RBNZ’s Adrian Orr first off this morning.

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