Australian farmers question rising fruit and vegetable prices despite lower inflation

Benign Inflation Data boosts odds of February Rate Cut: Marc Jocum, Global X ETFs - Australian FinTech

Marc Jocum, Investment Strategist at Global X ETFs, has analysed the release of the lowest annualised consumer price inflation in over three and a half years.

Australian farmers question rising fruit and vegetable prices despite lower inflation

Australian farmers question rising fruit and vegetable prices despite lower inflation

Australia Inflation Cools, Rate Cut Bets Rise

Recent economic data released by the Australian Bureau of Statistics indicates a cooling inflation trend, bolstering market speculation that the Reserve Bank of Australia (RBA) may soon cut interest rates. The core inflation rate, which excludes volatile elements like food and energy, showed a significant slowdown, a development that has analysts across the financial spectrum closely monitoring the situation. This is a key indicator for the RBA …