Asian Stocks Rally as Soft US Jobs Data Boosts Tech 
Scope Warns US Debt Could Hit 160% of GDP 
Oil Prices Fall as Middle East Exports Recover, G7 Eases Supply Fears 
High Rates Weigh on U.S. Home Improvement Demand 
Asian Stocks Rise as Fed Rate Hike Bets Fade 
Fed Rate Hike Threatens Housing as U.S. Growth Leans on AI, Citi Says 
Ukraine Faces $56 Billion Budget Gap as War Costs Soar 
Japanese Yen Retreats as Dollar Rises Ahead of Fed, BOJ Rate Decisions 
Middle East Oil Exports Top Pre-War Levels Despite Hormuz Attacks 
RBA Hikes Interest Rate to 4.60% as Inflation Risks Rise 
Add as a preferred source on Google
Consumer inflation expectations in Australia improved during the month of October, for the first time in three months, signaling that central bank policies were finally translating into faster price growth.
Australia Melbourne Institute’s 12-month gauge of inflation expectations rose to 3.7 percent in October, from 3.3 percent the previous month, registering the highest level since July. Last week, the Melbourne Institute said consumer inflation rose 0.4 percent in September and was up 1.3 percent on an annualized basis.
The Australian government publishes official CPI figures every quarter, leaving a significant gap in the reporting of high profile CPI data. While a good amount of speculation has emerged that the Reserve Bank of Australia (RBA) may cut interest rates again, Australian Treasurer Scott Morrison is emphatically opposed to looser monetary policy.
In a recent interview with the Australian Financial Review, Morrison told that monetary policy has "exhausted its effectiveness," adding that its "ability to impact and influence is diminishing".
Meanwhile, central bank officials voted against easing monetary policy October 4, opting instead to await new evidence of inflation and economic growth.
