The data show that inflation is below 3% for most items. It's only in a few areas where interest rates have little or no control over inflation. I read an article on AFR yesterday where it says economists are calling for tighter immigration to combat inflation. So it's not the interest rate that can do much from here. That's probably what the Fed sees and that's why they said after the meeting that inflation is below 3% by some measures. If they don't see much progress in next month's data, then they will say we have achieved our target of 2% for core, except for a few areas where external intervention is needed.
- Forums
- ASX - By Stock
- ZIP
- The Bear Room
The Bear Room, page-1392
-
- There are more pages in this discussion • 2,103 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ZIP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.72 |
Change
0.020(0.74%) |
Mkt cap ! $3.551B |
Open | High | Low | Value | Volume |
$2.64 | $2.74 | $2.61 | $24.57M | 9.147M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 14000 | $2.71 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.72 | 80225 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 14000 | 2.710 |
7 | 44997 | 2.700 |
5 | 91606 | 2.690 |
12 | 325003 | 2.680 |
7 | 174460 | 2.670 |
Price($) | Vol. | No. |
---|---|---|
2.720 | 80225 | 7 |
2.730 | 576174 | 18 |
2.740 | 308296 | 14 |
2.750 | 322819 | 35 |
2.760 | 231402 | 10 |
Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
Featured News
ZIP (ASX) Chart |