Morning Report 08 June 23: Did international rate hikes impact the market?

07/06/2023 12 min
Morning Report 08 June 23: Did international rate hikes impact the market?

Listen "Morning Report 08 June 23: Did international rate hikes impact the market?"

Episode Synopsis

Tom is joined by chief economist Craig (off the reserve bench) this morning following a lower finish for US stocks.  They discuss an unexpected rate hike from Bank of Canada taking that rate to a 22-year high and unpack the possibility of further rate hikes in Australia.  A US central bank rate hike could be imminent, inflation figures are discussed, and they look at what to expect in the day ahead.   The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

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