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ASX to rise, Wall Street bets on rate step-down

Source: afr.com afr.com
News Snapshot:

A week of hawkish comments by US Federal Reserve policymakers failed to significantly dent expectations among investors that a rate pivot is pending. Other top stories Battle looms over ‘rushed’ Labor IR bill The PM has slammed opponents of the government’s industrial relations plan, accusing them of harbouring “an ingrained ideological objection to workers being paid fairly”. Albanese’s government wary of ‘overheating’ infrastructure Federal Infrastructure Minister Catherine King has warned a rush of new big-ticket projects could overcook the already over-stretched construction market. Countries strike historic deal on climate damage fund The agreement reached at the COP27 climate summit removes…

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