Interest rates: Investors find little to celebrate as focus shifts to US election
Investors are becoming increasingly anxious that massive US government deficits and increasing tariffs represent a dangerous inflationary cocktail.
Stay updated with breaking news from Karen Maley. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Investors are becoming increasingly anxious that massive US government deficits and increasing tariffs represent a dangerous inflationary cocktail.
The gold price is up more than 20 per cent in the past 12 months, while oil is up 15 per cent. One analyst warns this is a sign of looming inflation.
Rising bond yields are casting a cloud over the US equity market, as investors focus on the budgetary implications of the November presidential election.
FBAA writes letter requesting right of reply
If the Fed concludes overnight that US inflation is stuck at around 3 per cent, it’s unlikely to cut rates at all this year and that will weigh on asset prices, including shares.