NAB forecasts a moderate CPI increase, potentially driving ASX 200 shares rally.

NAB's inflation forecast suggests ASX 200 shares could rally on Wed following CPI data release. The Australian Bureau of Statistics will release May's CPI data at 11:30am AEST. NAB's forecast predicts a moderate increase, which could lead to a rally in ASX 200 shares. ASX 200 bank shares, including NAB, have performed well despite high inflation and rising interest rates.

June 24, 2024
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