December 9, 2021

US Economic Update – 9 December 2021

Q4 GDP looking strong; Fed turning more hawkish

Key highlights:

  • Expectations for Q4 GDP growth revised up on the back of very strong October data.
  • The unemployment rate and other labour market indicators point to an increasingly tight labour market, while inflation remains elevated.
  • A broadening out of inflation pressures has contributed to a hawkish turn by the Fed; we now expect the Fed to announce a faster taper at its December meeting and to start lifting the fed funds rate from Q2 2022.

Find out more in NAB’s US Economic update (December 2021)

NAB Rural Commodities Wrap: June 2024

NAB Rural Commodities Wrap: June 2024

24 June 2024

The NAB Rural Commodities Index continued its upwards momentum and increased 1.4% month-on-month in May. The index is around levels seen in February 2023.

NAB Rural Commodities Wrap: June 2024

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