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It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse. By the end of the year,...
It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse. By the end of the year,...

Fed’s Interest Rate Fate Unveiled: CPI Data Holds Key

Tomorrow's Consumer Price Index report will reveal inflation levels, influencing the Federal Reserve's decision on interest rates. If inflation is high, markets may decline. A stable core CPI suggests inflation is under control, potentially boosting markets. Rate cuts are expected, but strong earnings and coordinated central bank actions could also affect the market. The report will provide insight into inflation's trajectory and the Fed's potential future actions.

Shoppers Unleash Spending Spree: Retail Revolutionizes Post-Pandemic

Consumer spending rebounded noticeably in February, despite being corrected for the extra spending day, leap day. The Retail Monitor's core measure, excluding autos, gas, and restaurants, rose 0.95%. Sporting goods, hobby, and health and personal care stores performed exceptionally well, with online and nonstore sales continuing to surge.

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