Will the Fed hike 100? NZX50 tumbles after stronger US inflation
Global sharemarkets chill after annual US inflation jumps more than expected at 8.3%.
Craigs Investment Partners head of private wealth research Mark Lister speaks with Jonathan Mitchell
New Zealand’s share market dived more than 1% at the start of trading today – following the tumble overseas because US inflation jumped ahead of forecasts.
Consumer prices rose 0.1% in August, taking the annual rate to 8.3%. That was above forecasts of 8%, while core inflation accelerated for
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