Wednesday, September 14, 2022

Australian sharemarket tumbles as stubborn US inflation locks in more aggressive interest rate rises

Australian stocks have plunged after a surprise inflation update sparked Wall Street's biggest falls since June 2020. 

More than $60 billion in value was erased locally on fears more aggressive interest rate rises by the US Federal Reserve. 

I speak on ABC News Radio with Tom Oriti and Rachel Mealey on The World Today



No comments:

Post a Comment

What's your view on this?