And to quote the release just now from the (IMV) reputable "weekly Australian Interest rate Review10-14 Oct 2022"
"Robust non-farm payroll data from just over a week ago killed off ideas of a Fed “pivot”, at least temporarily. This week, the main message from the minutes of the FOMC’s September meeting was that inflation was an evil greater than unemployment, implying aggressive rate rises were still required: “Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action.” Damn the torpedoes, full steam ahead…"
Oh well...
HIO Price at posting:
14.0¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)