Hot US inflation douses rate cut bets; TikTok spruiks $1.1 billion GDP boost to Aust economy

from Peter Ryan_ABC News Soundcloud · host Peter Ryan

Wall Street stocks have dived after inflation in the United States came in much hotter-than-expected. That reality check has seen economists trim back their bets for interest rate cuts - which until now looked imminent. Also TikTok spruiks $1.1 billion revenue boost to Australian economy in 2023 in face of global security concerns.

Episode metadata supplied by the publisher feed · Published Apr 10, 2024

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Hot US inflation douses rate cut bets; TikTok spruiks $1.1 billion GDP boost to Aust economy

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