Australian stocks close lower after core inflation beats expectations, rate-hike bets rise; S&P/ASX 200 drops, check top gainers and losers
The Economic Times·2026-01-28 08:33
The S&P/ASX 200 closed down just 7.70 points Wednesday to 8,933.90. According to the ASX website, the bottom-performing stocks in this index were LIFE360 INC. and CATAPULT SPORTS LTD, down 7.61% and 6.84%, respectively. Data showed that the trimmed mean consumer price index, a policy-relevant measure of This signalled underlying price pressures remain entrenched, adding to the Swaps now imply over a 70% chance of a hike in the key cash rate next week, from around 60% before the data, according to news age ...