The U.S. Federal Reserve has raised interest rates to address inflation, causing markets and the AUD to fall.
GSFM investment strategy advisor Stephen Miller said “more increases of a slightly less magnitude leading to a higher terminal rate than what the fed had previously anticipated” is what “spooked the markets”. Mr Miller told Sky News Business Editor Ross Greenwood the U.S. Federal Reserve has “walked the walk on inflation” while the Reserve Bank of Australia has only “talked the talk”.
Good diarrhea, commie clowns! EndTheFed
Let's go Brandon
Nice
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Source: SkyNewsAust - 🏆 7. / 78 Read more »
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Source: abcnews - 🏆 5. / 83 Read more »
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