{"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":"Oil slides through the Strait, but underlying Aussie CPI is sticky","slug":"oil-slides-through-the-strait-but-underlying-aussie-cpi-is-sticky","published_at":"2026-06-24T20:13:48+00:00","page_url":"https://stenobird.com/podcast/nab-morning-call-427359/oil-slides-through-the-strait-but-underlying-aussie-cpi-is-sticky","show_page_url":"https://stenobird.com/podcast/nab-morning-call-427359","url":"https://shows.acast.com/morningcall/episodes/oil-slides-through-the-strait-but-underling-aussie-cpi-is-st","audio_url":"https://sphinx.acast.com/p/open/s/631a89913c2be9001415dc41/e/6a3c3a7d5bb8a79968e746cd/media.mp3","summary":"Thursday 25th June 2026 NAB Markets Research Disclaimer   Financial Services Guide | Information on our services - NAB Oil prices are tumbling, with Brent crude hitting a fresh low near $73 a barrel,, taking significant pressure off global inflation hedges and pushing 10 year Treasury yields down 9 basis points. Phil talks to NAB’s Sally Auld look at how this commodity slide is reshaping central bank expectations, highlighted by U.S. Treasury Secretary Scott Bessent’s Squawk Box interview where he likened the current tech-driven productivity wave to Alan Greenspan’s 1997 \"one tap on the brakes\" template, suggesting the Fed may only need one more rate hike, together with his dislike of the Fed's dot plot altogether. Closer to home, attention wraps firmly around yesterday’s Australian CPI print, which cooled on the headline thanks to falling pump prices; however, Sally flags that a peek under the hood reveals a stickier story, with trimmed-mean inflation tracking at 3.6% as local homebuilders and restaurants pass mounting material and input costs on to consumers. Aussie employment data will be watched keenly to see whether last month’s rise in the unemployment rate was a one-off, but isn’t expected to change the RBA’s outlook for interest rates. On that, ‘they’re done’ says Sally. Hosted on Acast. See acast.com/privacy for more information.","meta_description":"Thursday 25th June 2026 NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NAB Oil prices are tumbling, with…","key_points":[],"chapters":[],"topics":[],"duration_seconds":963,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/nab-morning-call-427359/episodes/oil-slides-through-the-strait-but-underlying-aussie-cpi-is-sticky/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/oil-slides-through-the-strait-but-underlying-aussie-cpi-is-sticky.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}