Monday 17th July 2017

The US economy showed a couple of signs of weakness on Friday. Whilst the President tweets about the record price of equities and strong industrial production, he seems to have missed the drop in the value of the dollar on the back of lower than expected inflation and retail sales figures. Does this rule out another rate rise this year? Phil Dobbie puts the question to NAB’s Ray Attrill, as well as discussing the impact on the Aussie dollar, now at its highest level since May 2015. But will it stay there?