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Powell Says Further Rate Hikes Needed and Markets Take Heed
Federal Reserve Chair Jerome Powell stuck to his message that interest rates need to keep rising to quash inflation and this time, the bond market listened. In particular, Powell floated the idea during an event in Washington on Tuesday that borrowing costs may reach a higher peak than traders and policymakers anticipate.
Fed'...

happy fathers day

Rio Tinto is releasing its 2024 half year results on July 31 at 8:30 AEST, before the Australian stock market opens. How will the market react to the company's half year results on the day?
Vote your answer to participate!
Rewards
An equal share of 2,000 points: For mooers who correctly guess the price range of  RIO's closing price at 4 PM AEST July 31.
(e.g., If 50 mooers make a correct guess, each of them will get 40 poin...