In this week’s Monday Market Highlights, Investment Analyst Kate Power discusses US evidence of a resilient economy, the PCE price index offering good news on inflation, and the Fed’s raising of the Official Cash Rate by 25 basis points. In Australia, Kate focuses on the CPI print, along with a softer retailer sales print, which was also good news for inflation. In equity news, Kate covers strong earnings results, with approximately 50% of the S&P 500 having reported. She also looks into Megaport and Macquarie Bank.
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