The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts.
The RBA has maintained the Official Cash Rate (OCR) steady at 4.35% since November 2023, claiming inflation needs to “sustainably” return to its target band of 2% - 3% before considering a rate cut.
Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates relatively high.
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The odds of an interest rate cut next month have increased, with official figures showing the Reserve Bank's preferred measure of inflation fell to 3.2 per cent over the year to December.
Stats SA has updated its inflation basket, bidding farewell to frozen potato chips, and adding rosé wine and vaping.
Deloitte predicts it will take another five years before real wages return to their pre-pandemic levels, complicating Anthony ...
Millions of people receiving Personal Independence Payments and other disability benefits in the UK will soon see an increase ...
StatsSA has added 71 new products to the basket of goods and services used to measure consumer inflation. Nodar Chernishev / ...
Social Security is an important income source for seniors and it’s money that most people look forward to getting in ...
While booking in advance can prove to be cost-effective, there is a sweet spot - and that is 13 to 21 days before you want to ...
U.S. consumer confidence dipped for the second consecutive month in January. The Conference Board said Tuesday that its ...