24th March 2023
Weekly Wrap 24 March
The Aussie share market declined 0.37% (Mon-Thu), following the recent US banking system turmoil. Additionally, the Federal Reserve increased the Fed Funds Rate by 0.25% to 4.75% - 5%, announcing a continued commitment to quantitative tightening.
In this week's wrap, Sophia covers:
- (0:39) Fed projections for the Fed Funds Rate (FFR)
- (1:33) The growing banking crisis
- (2:22) The sale of Credit Suisse to UBS
- (3:14) The best performing stocks in the ASX200
- (4:42) The most traded stocks & ETFs by Bell Direct clients
- (5:21) Two economic news items to watch out for
Read the video transcript here.