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Weekly Wrap 24 March

Sophia Mavridis
March 24, 2023

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.

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