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Fed skips, keeps door open: Wall Street s take

US policymakers are keen for more data as they assess their efforts to check inflation. Swaps show the first rate cut pushed back to September.

John lynchIan shepherdsonAndrew pattersonGina bolvinPaul ashworthCharlie ripleyBolvin wealth management groupPantheon macroeconomic ian shepherdsonEconomic paul ashworthAllianz investment managementComerica wealth management

ASX LIVE: ASX to fall; energy, regional banks pace New York losses

Shares edge lower. Santos is ‘underperforming’: E&P. Amcor tumbles over 8pc. Ramsay Healthcare boosts revenue in results. JB Hi-Fi reports sales in third quarter update. Wall Street dropped on energy, regional bank worries. Fed statement on Thursday AEST.

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ASX LIVE: ASX to rise, oil surges, RBA rate call ahead

Shares add 0.2pc. Seek downgrades sales guidance, shares lose 4.5pc. Gold tops $US2000, lithium extends slide. Consensus split on RBA. Follow updates here.

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There s good news hidden in the current market turmoil [Video]

Stocks ended another volatile week lower with the S&P 500 declining 1.6%.

New yorkUnited statesPuerto ricoFreddie macTim duyPiper sandlerCraig lazzaraBloomberg michael mcdonoughSp dow jonesIan shepherdsonSecurity administrationUniversity of michigan survey consumersYork fed survey of consumer expectationsDeutsche bankWells fargoMichael mcdonough

US Home Prices Could Drop 20% by Mid-2023 As Recession Hits: Economist

House prices are down about 5% from their May peak, and existing-home sales are down 20% from a year ago, industry data shows.

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