Topic
US inflation
ASX expected to dip as AI rally lifts Wall Street, ANZ posts $1.9bn profit
Australian markets face a softer open following a Wall Street rally driven by strong AI earnings, while ANZ reports a $1.9 billion quarterly profit.
US inflation eases to 3.4% in July, easing pressure on Fed
US consumer prices rose 3.4% in the year to July, offering the Federal Reserve a modest breather ahead of its upcoming September policy meeting.
Global markets edge higher as investors await US inflation data
Global markets inched higher as investors awaited key US inflation data while balancing ongoing Middle East supply disruptions and central bank expectations.
US inflation data reveals purchasing power loss occurs in concentrated bursts
Analysis of over a century of data shows that most US purchasing power loss occurs in concentrated bursts. This creates a high-price baseline that persists even when headline inflation rates decline.