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US Federal Bank’s ‘surprise hawkish’ interest rates forecast sends Wall Street and ASX into red – ABC News

The Australian share market follows Wall Street into the red after the US Federal Reserve flags a sooner-than-expected interest…

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The Australian share market has followed Wall Street into the red after the US Federal Reserve flagged a sooner-than-expected interest rate hike, but local jobs data surprised to the upside.
Key points:

  • Better-than-expected jobs data saw Australian shares…

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