Australia’s CPI is expected to have risen 2.3% in October year on year, from 2.1% in September.
The full moon, otherwise known as a strawberry supermoon, is seen over the Skyline of the CBD in Sydney, Australia June 15, 2022.Traders in Asia will assesses monthly consumer price index figures out of Australia, set for release later in the day. A poll from Reuters expects the monthly CPI indicator to have risen 2.3% in October year on year, from 2.1% in September.
The U.S. economy is robust and is expected to remain so in 2025, the economist said. Daco expects the economy could grow at 2% in 2025, from 2.6% real GDP growth in the fourth quarter, according to the "The truth is that the drag from tariffs on growth is likely to outweigh tax cuts on the forecast horizon," said Daco.
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