Breakfast briefing; Fed doubles down, markets yawn at first, then react - Interest.co.nz

Fed raises rates by +75 bps again as expected; markets react to Powell's remarks; US data positive except for housing market; Shanghai gets more lockdowns; Aussie CPI up; UST 10yr 2.73%; gold and oil up; NZ$1 = 62.6 USc; TWI-5 = 71

Here's our summary of key economic events overnight that affect New Zealand, with news the global economy is still adjusting to inflation, war, the pandemic and supply-chain issues. First up, the US… [+4723 chars]

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