ASX drops, Wall Street stocks fall on Fed chair Jerome Powell's rate hike warning - ABC News

4/21/2022 12:00:00 AM3 yearsago
by Rhiana Whitson

Australian shares fell sharply, following losses on Wall Street as the chairman of the US Federal Reserve warned of aggressive interest rate hikes next month.

Australian shares fell sharply on Friday, following losses on Wall Street as the chairman of the US Federal Reserve warned of aggressive interest rate hikes next month. Key points: