What the rise in inflation means for interest rates and cost of living — and it's not good news - ABC News

The share market is screaming a message right now: The economy is not OK. And the ramifications will hit all of us, writes David Taylor.

It was a gloomy old day on the economics front. The day began rather badly following another big fall on Wall Street overnight. For global investors, there's a lot to worry about: rising inflation … [+6418 chars]

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