Afternoon Report | US inflation surprise hits markets
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This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.
ASX200 closes lower
Rate fears in US
Aldi wants more stores
Northern Star shines
NextDC expands
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Wednesday 8 May 2024
The Reserve Bank ups its inflation forecasts and interest rates are set to stay on hold for the foreseeable future.
And more, including:
ANZ joins the buyback club
The likelihood of Bonza flying again diminishes
And Donald Trump threatened with gaol at his hush money...
Published 05/07/24
Published 05/07/24
Yesterday the Reserve Bank left interest rates on hold, but significantly revised its inflation forecast.Westpac Chief Economist Luci Ellis takes Sean Aylmer through what it means for rate cuts - and gives her take on the 'new' Reserve Bank, having been the Assistant Governor of the RBA until...
Published 05/07/24
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