Yearly Archives - 2020

Watershed policy shift for US Fed: Aus shares to open lower

28 Aug 2020 - The SPI futures are pointing to a 0.2% fall at the open following mixed results on Wall Street overnight. US Federal Reserve chairman Jerome Powell announced that the US Fed would adopt a flexible inflation target after years of aiming for less than 2%. Oil fell as Hurricane Laura disrupted production and refining in the US Gulf.

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