The ASX 200 has dropped 45 points (-0.55%) to 8203, ending a three-day winning streak after Q3 inflation data indicated no imminent RBA rate cuts, now expected until 2025. The trimmed mean inflation rose by 0.8% quarterly, with annual inflation falling to 3.5%, driven by declines in electricity and fuel prices. Woolworths' shares fell 5.5% following a profit downgrade, reflecting consumer shifts amid cost-of-living pressures.
