01-05-2024 23:56 via abc.net.au

Live: NAB half-year profit drops 11.9pc, ASX up at lunch after Federal Reserve indicates US rate hike is 'unlikely'

NAB says its half-year profit fell 11.9 per cent from intense competition in the lending industry, while the Australian share market is up at midday after the US Federal Reserve chair Jerome Powell indicates a US rate hike is unlikely. Follow live.

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Live: NAB half-year profit drops 11.9pc, ASX up at lunch after Federal Reserve indicates US rate hike is 'unlikely'

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