US inflation soars, sparking sell-off on Wall Street | ABC NEWS

US inflation has hit a three-year high, but Donald Trump says the numbers were great. Host of the ABC Business Daily podcast Carrington Clarke says voters and the market are not such big fans.
It could also see the Australian dollar lose its recent gains, compounding our own inflation concerns.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2026-06-11/asx-markets-business-live-news-june-11/106784126

Note: In most cases, our captions are auto-generated.

#ABCNEWS #ABCNEWSAustralia