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ASX set to slide as Wall Street retreats; Fed chief talks up inflation fight
Traders lifted odds of a near-term Federal Reserve hike to 58% after Warsh said short-term rates remain the main tool against inflation.
Summary by Sydney Morning Herald
4 Articles
4 Articles
Sydney Morning Herald+3 Reposted by 3 other sources
ASX set to slide as Wall Street retreats; Fed chief talks up inflation fight
The bond market swung as investors built bets that the Federal Reserve may hike interest rates soon to get the nation’s high inflation under control.
·North Sydney, Australia
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Total News Sources4
Leaning Left3Leaning Right0Center1Last UpdatedBias Distribution75% Left
Bias Distribution
- 75% of the sources lean Left
75% Left
L 75%
C 25%
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