ASX set to slide, Wall Street higher after inflation update
Stocks gained ground on Wall Street after an update showed that inflation wasn’t as bad as economists expected in August.
Sep 30, 2026
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The Fed isn’t fighting inflation. It’s bankrolling Wall Street
Central banks talk about interest rate hikes in very clinical terms. They call them a painful but necessary medicine. The Federal Reserve Board is currently locked into an aggressive tightening cycle. The American public must now accept a cooling labor market. Families face credit card debt at multi-decade highs and prohibitive mortgage rates. The official […]