ASX sinks to two-week low, Wall Street and European markets fall on recession signals - ABC News

Australian shares fall on growing fears that central bank efforts to tame rising consumer prices with inflation-busting interest-rate hikes will weaken the global economy and lead to a recession.

Australian shares have dropped for a second straight day, on growing fears that central bank efforts to tame rising consumer prices with inflation-busting interest-rate hikes will weaken the global e… [+5184 chars]

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