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ASX lifts 0.1pc ahead of Fed decision

November 2, 2022
Source: afr.com afr.com
News Snapshot:
T. Rowe Price chief US economist Blerina Uruci said a 75 basis point increase has been the consensus for some time, and expects the focus to be on any signals about the slowing in the pace of rate increases at the December meeting. She is also looking to see whether the Fed is ready to embrace a higher terminal rate than what the September dot plot indicates, and the Fed’s level of comfort with the pullback in some economic conditions. The S & P/ASX 200 ended the trading day up 0.14 per cent or 9.8 points to 6986.7. The All...
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