Fed Hawkishness Hits Markets as One Nation Shakes Up WA Politics

Wall Street retreats on Fed Chair Warsh's inflation fight, pushing ASX futures down. One Nation claims historic WA seat, stunning Labor. Housing fund chair vows faster action on $10B project.

The Full Picture

Markets Retreat on Fed Hawkishness

• What happened: US stocks dipped after Fed Chair Kevin Warsh signaled willingness to hike rates to fight inflation, with S&P 500 down 0.2% and ASX futures pointing to a 36-point fall.
• Why it matters: Australian investors...