Not sure Public Enemy lyrics are apt for a publication of this type, but hard to resist letting Chuck D and Flavor Flav’s clever play on the James Dean classic go to waste. NAB is officially in the ‘pause’ camp today, a view conditioned on how ‘finely balanced’ the May decision was and an overall mixed flow of data since then, albeit caveated by saying we will not be surprised if the RBA goes today, in which case it will be hard to resist a conclusion that last Friday’s Fair Work Commission outcomes tilted the balance in favour of further immediate action. An all-round soft US ISM Services report has been the main ... (full story)