Posted 1/31/2024, 7:13:36 AM
Inflation Drops to 2-Year Low, Ending Rate Hike Prospects As Imran Khan Sentenced, Teslas Recalled, Westpac Fined, and Energy Prices Fall
- Inflation falls to 4.1%, a two-year low, effectively ending chance of further interest rate rises
- Former Pakistani PM Imran Khan sentenced to 14 years in prison for corruption
- More than 500 Tesla Model 3s recalled in Australia due to child seat safety issue
- Westpac agrees to pay $9.8 million penalty for unconscionable conduct in 2016 swap transaction
- Wholesale electricity prices fell in 3 states last quarter due to record low coal and gas, high renewables