RBA is overachieving on inflation and should “break on through to the other side” to reduce the policy rate in February.

The easing inflationary pressures at the end of 2024 have strengthened the case for a potential interest rate cut by the RBA ...

Australia’s headline inflation rate dropped to a three-year low of 2.4% in the December quarter, according to the Consumer ...

The largest price rises were alcohol and tobacco, along with recreation and culture, while housing and transport offset the ...

Financial markets are betting the Reserve Bank will preview a rates reprieve in February, with official figures showing the ...

The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts.

A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...

Gas prices rose sharply, but investors homed in on a small decline in the core CPI.

The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When ...

Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.

Let us talk about food inflation first. For December 2024, food inflation came in at 8.39%; which is 65 lower higher than the food inflation in November 2024; falling 248 bps in the last 2 months.

The December CPI report, due Wednesday, is predicted to show another month of sticky inflation. Gas, food, vehicle, and shelter costs are among the areas believed to have kept the CPI elevated.