Aussie health report shows mixed results

Belinda Tasker
Updated

Aussie health report shows mixed results

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  • Council's proposed ban would see Aussies cop $2,000 fine for trimming trees

    If approved, residents will have to apply for a permit to prune or remove canopy trees on their property.

  • March PCE data shows 2.7% annual increase, stubborn inflation

    The Personal Consumption Expenditures (PCE) data for March aligned with forecasts, registering a 0.3% increase on a month-over-month basis and a 2.7% rise year-over-year. Yahoo Finance's Fed Reporter Jennifer Schonberger sheds light on how this figure could impact Federal Reserve rate cut expectations. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith

  • Core services are a 'big problem' for the Fed: UBS Economist

    March's Personal Consumption Expenditures (PCE) data was consistent with expectations, reporting a 0.3% month-over-month rise. However, it slightly exceeded projections on a year-over-year basis, coming in at 2.7%. UBS Global Wealth Management Senior US Economist Brian Rose joins The Morning Brief to analyze how these figures could influence the Federal Reserve's rate cut outlook. Rose acknowledges that the current inflation data "has been too high" for the Fed to embark on monetary easing. He identifies "the big problem for the Fed" as core services, factors tied to robust demand and wage growth: "This is where they need to see disinflation," he says. In March, the core PCE inflation figure stood at 2.8%. While Rose predicts the Fed could initiate rate cuts in September, he cautioned that if inflation data persists at elevated levels, "it could get pushed back even further." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith

  • TREASURIES-Yields fall as inflation largely meets expectations

    U.S. Treasury yields fell on Friday after data showed that inflation gains in March were in line with economists’ expectations, though on an annual basis they were slightly higher than expected. The personal consumption expenditures (PCE) price index increased 0.3% last month for an annual gain of 2.7%. Economists polled by Reuters had forecast the PCE price index climbing 0.3% on the month and 2.6% year-on-year.

  • Inflation data could force Fed's hand on rate hikes: Economist

    March's Personal Consumption Expenditures (PCE) data arrived hotter than expected and GDP figures point to an economic slowdown. In this environment, economists and investors alike are revisiting the Federal Reserve's rate cut outlook. Stifel Financial Chief Economist Lindsey Piegza joins Yahoo Finance to discuss the prospects for Fed cuts. Piegza notes that although March's PCE did not show "a material increase" in inflation, the Fed had been "expecting a sizable reversal" supporting the disinflationary trend. She suggests that this report could force another adjustment to the Fed's outlook and further delay any near-term rate cuts, with the possibility of rate hikes even coming back into consideration. Regarding consumer behavior, Piegza acknowledges that the consumer remains "very resilient." However, she observes that consumers are becoming more cost-conscious, carefully weighing their spending decisions and seeking value, leading to a slowdown in "broad-based growth." "Without more of a meaningful decline or improvement in inflation, after that minimal concession, I think the Fed's hands are tied, and we'd likely see the Fed move back to the sidelines for a second, extended pause," Piegza tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Angel Smith

  • Inflation ticked higher in March as incomes, spending rose

    Inflation picked up slightly in March as Americans saw their paychecks rise and kept up a sturdy pace of spending, according to data released Friday by the Commerce Department. The personal consumption expenditures (PCE) price index, the Federal Reserve’s preferred gauge of inflation, rose 0.3 percent in March and 2.7 percent over the past year.…

  • British Columbia to back off drug decriminalisation project

    British Columbia wants to "urgently" restrict where drugs can be used under its decriminalisation project.

  • Pensioner who worked at Clarks for 68 years given boot with two days' notice

    Jill Cornick, 82, is out of work for the first time in her life after being told the Clarks shop she worked in since 1956 in Dorset was closing.

  • Kylie Jenner just revived the naked brow trend and she looks like a woodland fairy

    Kylie Jenner shares Instagram selfies of her new bleached eyebrow look for 2024. She looks so different, with the ash-blonde look.

  • Opinion: Truth takes its revenge on Trump and his team

    It may be temporary, but in recent days, the deceivers have been put on the defensive, writes Frida Ghitis.

  • Millie Bobby Brown Induces Major Vacation Envy in Tiny Pink Bikini Top and Denim Shorts

    Fans are totally jealous of the new 'vacay' snap.

  • Ex-Trump Lawyer Spots Donald Trump’s ‘Big Mistake’ That Will ‘Make His Campaign Cringe’

    “That just brings back all those bad memories about that issue," Jim Schultz told CNN's Jake Tapper.

  • Kmart shoppers notice hilarious detail in popular $18 bag: 'First thing I noticed'

    The tote has become an amusing topic of conversation among Kmart shoppers. Find out why.

  • MAFS' Jessika Power has debuted a dramatic transformation

    The reality star has traded in her trademark blonde locks for a fiery new look. Read more.

  • Jennifer Lopez Won't Stop Wearing These Divisive Jeans

    She's been spotted in them three times in the last two weeks.

  • Lehrmann to pay Lisa’s husband $4k

    After losing his defamation case to Network 10 and Lisa Wilkinson, Bruce Lehrmann has also agreed to pay the legal costs of the journalist’s husband, Peter FitzSimons.

  • Barr: Trump Brought Up ‘Things Like’ Executing Rivals a Lot

    CNNBill Barr, Donald Trump’s former attorney general who once said that voting for the indicted ex-president would be “playing Russian roulette with the country,” stood by his decision to vote for Trump in November while also suggesting that Trump used to regularly float the idea of executing his political rivals while in office.Barr made the nonchalant admission Friday during a CNN interview when anchor Kaitlan Collins mentioned former Trump White House communications director Alyssa Farah Grif

  • NRL world slams the Rabbitohs over 'awful' move in Anzac Day defeat to the Storm

    The decision has drawn serious backlash from the NRL community.

  • Woman raped by father wins payout as police finally admit mistakes in four-decade battle for justice

    Exclusive: ‘An officer said to me that “if this goes to court your name will be blackened and dragged through the mud and you will be made out to be the biggest liar and slag going”,’ says Carol Higgins

  • Massive metal spikes 'cowardly' buried in popular Aussie national park track

    Walkers, runners and mountain bikers have been warned to use caution when entering the park. Find out more.