It's not that I personally found the numbers surprising, it's that economists who forecast CPI had predicated 7.3% while the actuals came in at 7.5%.
On top of that, take a look at comments from Fed Reserve St Louis Pres James Bullard overnight. He wants rates a full percent higher by July. The market took notice.
It's not that I personally found the numbers surprising, it's...
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Last
24.5¢ |
Change
0.010(4.26%) |
Mkt cap ! $483.2M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 25.0¢ | 23.0¢ | $2.383M | 9.852M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 338128 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 1301709 | 24 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| BRN (ASX) Chart |