Global Markets: Australian shares bounce back as inflation miss eases rate-hike bets
- Posted on May 27, 2026
- By Business News Today
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- 1 min read
Global Markets: Australian shares bounce back as inflation miss eases rate-hike bets
Australian shares reversed early losses, closing 0.7% higher after a softer inflation report tempered interest rate hike bets. Financials, real estate, and consumer discretionary stocks recovered, while miners reached a near two-week high. New Zealand stocks also rose 1.2% despite the central bank signaling potential rate hikes.
