{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/631a89913c2be9001415dc41/642dd74465d9170011afd4d4?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"RBNZ takes large mallet from the toolkit","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/631a89913c2be9001415dc41/show-cover.jpg?height=200","description":"<p><strong>Thursday 6th April 2023</strong></p><p><br></p><p><a href=\"https://www.nab.com.au/content/dam/nabrwd/documents/notice/corporate/nab-research-disclaimer.pdf\" rel=\"noopener noreferrer\" target=\"_blank\">NAB Markets Research Disclaimer</a>&nbsp;</p><p><a href=\"https://www.nab.com.au/financial-services-guide?S_KWCID=SEACT\" rel=\"noopener noreferrer\" target=\"_blank\">Financial Services Guide | Information on our services - NAB</a></p><p><br></p><p>There wasn’t anything subtle about the RBNZ rate move yesterday, so why the sharp contrast with the action – or lack of it- taken by the RBA this week. NAB’s David de Garis looks at potential reasons, and helps to dissect Philip Lowe’s Press Club lunch speech yesterday. Also, more soft data from the US and further signs that non-farm payrolls on Friday could show a move south, easing pressure on the Fed.</p>","author_name":"Phil Dobbie"}