• Midday Business News for 22 September 2022

  • Sep 22 2022
  • Duración: 8 m
  • Podcast

Midday Business News for 22 September 2022

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  • News from the business sector Fonterra says its full year profit is a good one, considering increased milk costs and ongoing supply chain disruptions. The Westpac McDermott Miller Consumer Confidence index for the September quarter rose nearly 9-points, to 87-point-6, where it was during the global financial crisis. The Federal Reserve stuck to the script and expectations with a 75 basis point rise in its benchmark rate to 3.25 percent with a promise of more to come.
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