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The Fed hikes. Will shares fall?
Description
The US Federal Reserve has hiked interest rates for the first time since 2023 - and the consequences could reach all the way into your investment portfolio.
United States Federal Reserve Chair Kevin Warsh says the move is designed to bring inflation back towards target faster - but will one hike be enough, or are more on the way?
And as higher US rates ripple through global markets, shifting currencies, borrowing costs and share prices - what are the potentially significant consequences for Australian companies and investors?
In this special episode of ABC Business Daily Carrington Clarke is joined by Richard Schellbach, Equity Strategist at UBS, to break it all down.
Got a burning business question?
We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.