{"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":"Warsh’s Dilemma","slug":"warsh-s-dilemma","published_at":"2026-06-03T20:45:45+00:00","page_url":"https://stenobird.com/podcast/nab-morning-call-427359/warsh-s-dilemma","show_page_url":"https://stenobird.com/podcast/nab-morning-call-427359","url":"https://shows.acast.com/morningcall/episodes/warshs-dilemma","audio_url":"https://sphinx.acast.com/p/open/s/631a89913c2be9001415dc41/e/6a20927af8e85cfadaeff47e/media.mp3","summary":"Thursday 4th June 2026 NAB Markets Research Disclaimer   Financial Services Guide | Information on our services - NAB An exchange of fire in the Gulf aw a resurgence of risk-off sentiment in global markets, driving Brent crude back toward $98 a barrel and weakening the Australian dollar. The unfolding crisis highlights Warsh’s Dilemma ahead of his first Fed meeting: while much of the world downshifts, the U.S. economy remains strikingly insulated. As NAB’s Gavin Friend explains, the May U.S. ISM Non-Manufacturing survey surged nine points which, alongside strong ADP employment figures and an elevated prices-paid component signals inflation prospects that the Fed can’t ignore. Closer to how GDP growth slowed yesterday, in part because of the trade deficit, but also sluggish household consumption. How that plays out in terms of future rate decisions will no doubt be discussed in Michelle Bullock’s appearance before a senate hearing today. Hosted on Acast. See acast.com/privacy for more information.","meta_description":"Thursday 4th June 2026 NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NAB An exchange of fire in the Gulf…","key_points":[],"chapters":[],"topics":[],"duration_seconds":1015,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/nab-morning-call-427359/episodes/warsh-s-dilemma/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/warsh-s-dilemma.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}