ASX set for a slow start ahead of inflation data; stocks slip on Wall Street

🇦🇺 The Sydney Morning Herald (AU) —
ASX set for a slow start ahead of inflation data; stocks slip on Wall Street

AI Summary

Australia’s sharemarket is expected to open little changed as investors assess the Reserve Bank’s recent interest-rate increase and await inflation data. U.S. stocks also slipped, while upcoming price figures may shape expectations for further Australian rate rises.

The Australian sharemarket is poised to open little changed on Wednesday, as traders digest the Reserve Bank’s move to lift interest rates to a 15-year high and await inflation figures for clues on whether there’s more rate hikes to come.

Politics Markets ASX Australian shares inflation data Reserve Bank of Australia interest rates Wall Street

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