{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/631a89913c2be9001415dc41/68a23a1429e2926e09a9e1c4?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"US spends, China stumbles. Consumers worry","description":"<p><strong>Monday18th August July 2025</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 -</a>&nbsp;<a href=\"https://www.nab.com.au/financial-services-guide?S_KWCID=SEACT\" rel=\"noopener noreferrer\" target=\"_blank\">NAB</a></p><p><br></p><p>US retail sales remain resilient, but the same can’t be said for China. But the worry from Friday in the US is that inflation expectations are ticking higher.&nbsp;Meanwhile Japan’s GDP was firmer than anticipated, supporting the case for a BoJ hike, but when? NAB’s Rodrigo Catril is back with Phil to talk through the end of the week data, the repercussion s of the Trump Putin meeting and to look at the week ahead, including the Jackson Hole Symposium.&nbsp;Incidentally, it was a week out from Jacksom Hole that we launched the Morning Call in 2016 so this is, more or less, our ninth birthday.</p>","author_name":"Phil Dobbie"}