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There is a call for the government to hike taxes on fossil fuels to pay down the spiralling student HECS debt. Struggling students and graduates are about to be hit by a 4.8 percent hike on their loans thanks to indexation. All eyes are now on the may budget with Labor admitting it needs to do more to help young people saddled with a growing debt at the start of their working lives.

Calls grow to hike taxes on fossil fuels to pay down debt

⏲ 1:52 👁 9.2M

The Wall Street Journal

How the Consumer-Price Index Measures Inflation | WSJ

⏲ 5 minutes 2 seconds 👁 114.2K

ECOHOLICS - Largest Platform for Economics

Consumer Price Index Explained in 90 Seconds (CPI) | Ecoholics

⏲ 1 minute 38 seconds 👁 14.2K

Key Federal Reserve Inflation Gauge , Rose 2.8% in March.<br/>According to Commerce Department <br/>data released on April 26.<br/>the personal consumption expenditures <br/>(PCE) price index, not including food or energy, rose 2.8% year-over-year in March. .<br/>That exceeded Dow Jones <br/>estimates of 2.7%, CNBC reports. .<br/>When also accounting for food and energy, the all-items PCE measure rose 2.7%, <br/>which was above the 2.6% estimate.<br/>Inflation reports released this morning <br/>were not as a hot as feared, , George Mateyo, chief investment officer at Key Wealth, via CNBC.<br/>... but investors should not get <br/>overly anchored to the idea that <br/>inflation has been completely <br/>cured and the Fed will be cutting <br/>interest rates in the near-term, George Mateyo, chief investment officer at Key Wealth, via CNBC.<br/>The prospects of rate cuts remain, <br/>but they are not assured, and the <br/>Fed will likely need weakness in <br/>the labor market before they <br/>have the confidence to cut, George Mateyo, chief investment officer at Key Wealth, via CNBC.<br/>Consumers continue to spend despite <br/>higher prices, CNBC reports.<br/>Personal spending increased 0.8% in March, while personal income rose 0.5%.<br/>The personal saving rate dropped to 3.2% as more people are having to dip into their savings to cover the cost of living.<br/>The Fed continues to target 2% inflation, which the core PCE has exceeded for <br/>the last three years, CNBC reports.

Key Federal Reserve Inflation Gauge Rose 2.8% in March

⏲ 1:30 👁 7.8M

Think Econ

What is the Consumer Price Index (CPI)? | CPI Explained | Think Econ

⏲ 3 minutes 36 seconds 👁 14.3K

Jason Welker

Calculating a Consumer Price Index (CPI)

⏲ 4 minutes 21 seconds 👁 162.3K

Have flights and travel been hit by the cost of living crisis? What should consumers expect?

Travel: Have flights and travel been affected by the cost of living crisis?

⏲ 1:0 👁 20.2M

CBS News

Inflation hotter than expected in March, Consumer Price Index report shows

⏲ 3 minutes 8 seconds 👁 4.9K

Mr. Sinn

How to Calculate the Consumer Price Index (CPI) and Inflation Rate

⏲ 7 minutes 20 seconds 👁 125.2K

The so-called Filipino resilience undergoes a stress test as scorching weather hits the country with elevated heat index levels. It typically soars during the Philippines’ warm and dry season from March to May.<br/><br/>Full story: https://www.rappler.com/philippines/photos-filipinos-find-ways-cope-scorching-heat-2024/

Filipinos find ways to cope with scorching heat

⏲ 0:47 👁 930K

KINGCADEMY

Consumer Price Index (CPI), Inflation & Interest Rates Explained

⏲ 5 minutes 4 seconds 👁 6.7K

Charles Schwab

How to Track Inflation Using the CPI, PCE, and PPI Indexes

⏲ 5 minutes 49 seconds 👁 3K

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