Does slight rise in US inflation hint at possible US Fed cut | Woodside North West Shelf gas project

8 months ago The Front Page News

The US has seen a slight rise in inflation, as businesses continue to pass on the cost of tariffs to customers. It paves the way for a possible rate cut by the US Federal Reserve for the first time this year.

Virgin Australia CEO Jayne Hrdlicka will receive a $49.9 million exit package, including 10 million shares, as revealed in the company’s annual report.

The Federal government has given the greenlight to the extension of the Woodside North West Shelf gas project in Western Australia.

00:00 US see slight rise in inflation
01:00 Confidence that the Fed Reserve could cut rates see the Australian dollar continue to firm against the Greenback
01:34 European Central Bank keeps interest rates unchanged
02:27 ASX 200 ends the week in positive territory up 0.7% today
02:48 Virgin Australia CEO’s exit package
03:30 Australian federal government greenlights the extension of the Woodside North West Shelf gas project in Western Australia.

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