High inflation sends jitters through share markets Which key events have been driving markets? Watch this video with Senior Economist Bob Cunneen to find out. In this video, Bob discusses: why global and Australian shares fell in January how the global and Australian economies are performing

Highlights: Australia’s S&P/ASX 200 Index declined by -6.4% with significant sell-offs experienced in Information Technology (-18.4%), Health Care (-12.1%) and Consumer Staples (-9.6%). Nonfarm payrolls rose 467,000 in January, well above of expectations of a 150,000 increase. Eurozone annual inflation rose to 5.3% amid continuing high energy prices. The RBA kept the cash rate on…

At its meeting today, the Board decided to: maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances at zero per cent decided to cease further purchases under the bond purchase program, with the final purchases to take place on 10 February. The Omicron outbreak has affected the economy, but it…