Australia’s Q3 CPI came in softer than anticipated, with consumer prices rising just 0.2% qoq, down from 1.0% qoq in Q2 and below expectations of 0.3% qoq. This marks the lowest quarterly increase since Q2 2020. On an annual basis, CPI slowed from 3.8% yoy to 2.8% yoy, comfortably returning to RBA’s target range of […]
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Americans are heading into retirement with a growing awareness that Social Security alone won’t cover the full cost of their later years, prompting many workers to focus more intently on 401(k) plans, IRAs, and other Read more…
BofA Global Research is the latest brokerage to revise its Federal Reserve rate-cut forecast to much later dates, citing elevated inflation due to high energy prices and growing strength in the labor market. BofA Global Read more…