As it happened: ASX closes 0.7% lower; RBA rethinks inflation outlook – The Sydney Morning Herald

The ASX sunk lower on Tuesday as it became clear the nations central bank was far more dovish than hawkish, leading to fears of price and earnings squeezes amid an inflation breakout.
The benchmark S&P/ASX 200 declined by 0.7 per cent to 7420.4 points,…

Click here to view the original article.