The ASX Today: XJO fairly resilient against 3.8% inflation scare; US Fed decision tonight a Wall Street risk

We got the latest CPI inflation read for Australia today, and it came in hotter than expected at 3.8% in the 12mth to December CY2025; trimmed mean or core inflation is lower, too, at 3.3% but still sticky, and outside the target band.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.So what does that mean for us investors? Well, it’s looking like Australia is going to take one big backwards step and raise ...