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Market falls on inflation expectations: Afternoon market insights

After several days of gains, the ASX ended the week lower as the RBA lifted its inflation forecast, suggesting it may have cause to raise interest rates in the future. The ASX200 lost 0.57% to 4293.9, while the broader All Ordinaries index gave up 0.48% to 4309.3. The Australian dollar fell today, buying $US1.05325.
Myriam Robin
Myriam Robin
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After several days of gains, the ASX ended the week lower as the RBA lifted its inflation forecast, suggesting it may have cause to raise interest rates in the future.

The ASX200 lost 0.57% to 4293.9, while the broader All Ordinaries index gave up 0.48% to 4309.3.

The Australian dollar fell today, buying $US1.05325.

About the author

Myriam Robin

Myriam Robin is a reporter for SmartCompany and its sister site LeadingCompany. She has degrees in economics, international studies and journalism. She likes writing about businesses taking risks and doing new things.

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