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Investment
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Will the Fed hike 100? NZX50 tumbles after stronger US inflation

Global sharemarkets chill after annual US inflation jumps more than expected at 8.3%.

Craigs Investment Partners head of private wealth research Mark Lister speaks with Jonathan Mitchell

New Zealand’s share market dived more than 1% at the start of trading today – following the tumble overseas because US inflation jumped ahead of forecasts.

Consumer prices rose 0.1% in August, taking the annual rate to 8.3%. That was above forecasts of 8%, while core inflation accelerated for

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Jonathan Mitchell Wed, 14 Sep 2022
Contact the Writer: jmitchell@nbr.co.nz
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Will the Fed hike 100? NZX50 tumbles after stronger US inflation
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