Episode

Payrolls reinforce rate rise, but Trump wants a cut

Podcast
NAB Morning Call
Published
Sep 6, 2026
Duration seconds
860
Processing state
not_requested
Canonical source
https://shows.acast.com/morningcall/episodes/payrolls-reinforce-rate-rise-but-trump-wants-a-cut
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https://sphinx.acast.com/p/open/s/631a89913c2be9001415dc41/e/6a9dca45d024784c99405952/media.mp3
JSON
/v1/public/podcasts/nab-morning-call-427359/episodes/payrolls-reinforce-rate-rise-but-trump-wants-a-cut
Markdown
/podcast/nab-morning-call-427359/payrolls-reinforce-rate-rise-but-trump-wants-a-cut.md

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Summary

Monday 7th September 2026 NAB Markets Research Disclaimer   Financial Services Guide | Information on our services - NAB Non-farm payrolls numbers in the US on Friday were strong, including an upward revision to the previous two months. NAB’s Ray Attrill says it is difficult to argue against the idea the labour market there is in particularly good health. That removes one reason for the Fed not to lift rates next week, so everything now rests on the CPI and PPI data this week. The US president  meanwhile argues that the Fed should be taking rates to the lowest in the world, whilst threatening to stop trade with any country they have a trade deficit with. Oil moved higher on Friday and could easily top $100 this week as tensions heighten in the Gulf, despite Presidential claims that oil traffic is close to pre-war levels. Hosted on Acast. See acast.com/privacy for more information.