By Sue Lanninit was a lacklustre night on Wall Street as investors awaited tomorrow's release of the latest US consumer inflation figures.
The US Consumer Price Index is expected to cool to 0.2 per cent in March, and economists are tipping annual inflation to slow from 6 per cent to 5.2 per cent because of the Federal Reserve's string of interest rate rises. However core inflation, which strips out volatile food and energy prices, is predicted to rise from 5.5 per cent to 5.6 per cent.International Monetary Fund
expects global growth to slow below 3 per cent amid financial sector turmoil, high inflation, Russia's invasion of Ukraine, and three years of COVID-19. And it has a pessimistic outlook for Australia, with its World Economic Outlook predicting the economic growth will grow by just 1.6 per cent this year.
Gee didn't see that coming. Wait till the USA dollar crashes.
It’s so good that left wing governments have control of so many countries. We must crush society and send the people broke to make the rich richer and we can rely on the left to do that as people are such brainwahsed clowns and believe all the lies and spin. 😂😂💰💰💰