Business
Unlikely ASX stock winners from the change in the Fed’s inflation policy – Motley Fool Australia
The change in the US Fed’s inflation policy late last week may create unlikely winners on the S&P/ASX 200 Index (Index:^AXJO).
While the change in the US Federal Reserve inflation policy late last week failed to translate to any meaningful gains for the S&P/ASX 200 Index (Index:^AXJO), make no mistake that this will impact on your ASX portfolio.
The move by the Fed to use the average inflation to control price increases excited US investors. This is because it clears the way for the US central bank to ramp up stimulus as it isn’t constrained by fears of a short-term surge in inflation.
The Reserve Bank of Australi…
-
Noosa News21 hours agoNew South Wales Blues left to pick up the pieces after fumbling a chance at State of Origin glory
-
Noosa News15 hours agoHelp to make recycling stick
-
Noosa News24 hours agoHow do you choose a safe childcare centre?
-
Noosa News13 hours agoFormer Darling Downs Zoo employee sheds new light on horrific lion attack on teacher Joanne Cabban