Australian Associated Press: Australian stocks gain ground on signs of dovish Fed

Australian stocks gain ground on signs of dovish Fed. According to Peter Dragicevich, Currency Strategist, APAC, at Corpay Cross-Border Solutions, he expected that central banks would keep rates higher for longer, rather than giving inflation a chance to rebound by cutting them prematurely, as he said happened in the 1970s. Read more here: https://lnkd.in/ghecdmcb