{"podcast":{"title":"NAB Morning Call","slug":"nab-morning-call-427359","podcast_index_feed_id":427359,"rss_url":"https://feeds.acast.com/public/shows/631a89913c2be9001415dc41","website_url":"https://shows.acast.com/morningcall","image_url":"https://assets.pippa.io/shows/631a89913c2be9001415dc41/1782096193619-f4b4f870-948c-4d31-8eaf-fbd5f5bd0cfe.jpeg","author":"NAB - The Morning Call","episode_count":1568,"summary":"Start your day with the NAB Morning Call for the latest overnight key economic and market information straight from our team of expert market economists and strategists. This includes perspective on overnight news and market price action and the forces shaping movements in Australian and global markets in the days ahead. Hosted on Acast. See acast.com/privacy for more information.","last_synced_at":"2026-07-10T14:21:23.870249+00:00","page_url":"https://stenobird.com/podcast/nab-morning-call-427359"},"episode":{"title":"Cracks starting to show","slug":"cracks-starting-to-show","published_at":"2026-05-21T20:28:38+00:00","page_url":"https://stenobird.com/podcast/nab-morning-call-427359/cracks-starting-to-show","show_page_url":"https://stenobird.com/podcast/nab-morning-call-427359","url":"https://shows.acast.com/morningcall/episodes/cracks-starting-to-show","audio_url":"https://sphinx.acast.com/p/open/s/631a89913c2be9001415dc41/e/6a0f6af780978431dabb4130/media.mp3","summary":"Friday 22nd May 2026 NAB Markets Research Disclaimer   Financial Services Guide | Information on our services - NAB NAB’s Ken Crompton discusses the unexpected softening in the Australian labour market, where the unemployment rate climbed to 4.5% alongside a loss of 19,000 jobs. Ken points out that this surprising shift shows firms are pausing hiring plans due to global headwinds and the ongoing disruption in the Strait of Hormuz. While U.S. markets showed some resilience on the back of tech earnings, Europe faces deep contractionary pressures with manufacturing and services data turning weak. This sudden domestic downturn removes the immediate urgency for the RBA to lift interest rates again, pushing market expectations for the next potential hike out to August. Hosted on Acast. See acast.com/privacy for more information.","meta_description":"Friday 22nd May 2026 NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NAB NAB’s Ken Crompton discusses the…","key_points":[],"chapters":[],"topics":[],"duration_seconds":854,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/nab-morning-call-427359/episodes/cracks-starting-to-show/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/nab-morning-call-427359/cracks-starting-to-show.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}