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Fed chair Jerome Powell opted for a cautious approach on rates. Alex Wong/Getty Images

Federal Reserve bows to bank-crisis fears with quarter-point rate hike, letting up a little in its fight against inflation

The Fed raised rates by a quarter-point – less aggressive than had been expected before the current banking crisis, but signaling inflation is still its focus.
Australia’s Trade Minister Steven Ciobo speaking after a meeting for the Trans Pacific Partnership in Vietnam. AAP

The Trans-Pacific Partnership is back: experts respond

Many provisions in the Trans-Pacific Partnership have been suspended after the United States pulled out. But there’s still much to debate about the regional free trade agreement.

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