Episode

Fed Hikes Rates Again to Crush Inflation | Australia News

Podcast
Australia News Today | 2 Min News | The Daily News Now!
Published
Sep 17, 2026
Duration seconds
104
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https://sources.thednn.ai/be08137cfb9b46ce
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https://api.fastcast.ai/audio/08e0007c-b20f-4885-9197-a8113f9b0e3d.mp3
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Summary

The Fed just raised rates by 25 basis points — a unanimous decision signaling more hikes may come before year’s end, as inflation stubbornly clings above their 2% target. Markets reacted sharply, with U.S. stocks and local shares expected to dip, reflecting investor unease over tighter monetary policy. Fed Chair delivered a clear message: inflation has been too high for too long, and current conditions aren’t restrictive enough — they’re aiming for a timely return to price stability through measured cooling. While the economy remains resilient — strong job gains, solid spending, and rising productivity — the hawkish stance could mean a market chill ahead. Watch closely — this is far from over. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Sources: https://www.abc.net.au/news/2026-09-17/asx-markets-business-live-news-september-19-2026/107162296 More coverage & latest updates: https://sources.thednn.ai/be08137cfb9b46ce Report issues to [email protected].