Australian shares end flat as hot CPI lifts November rate-hike odds
Australia’s share benchmark ended little changed on Wednesday, surrendering earlier gains after third-quarter annual CPI inflation accelerated on higher fuel costs and strengthened expectations of a November rate hike.
By Aamir KhalidThe Australian share benchmark ended little changed on Wednesday, after surrendering earlier gains following hot inflation data that strengthened expectations of a November rate hike.Annual CPI inflation accelerated in the third quarter on higher fuel costs, keeping it above the Rese…