Morning Report 27 July 23: U.S interest rates hit 22 year high

Tom and Ryan unpack the rise in U.S interest rates to 5.5%, which is the highest in 22 years, and what this meant for the market. Meanwhile the ASX is expected to open flat today following yesterdays inflation data. Ryan looks into a Wells Fargo stock buyback and Tom gives an update on Rio Tinto’s results. Plus this mornings commodities and the AUD.

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