Forbes Daily: The Fed Signals It Could Hike Interest Rates This Year

Forbes Daily: The Fed Signals It Could Hike Interest Rates This Year

Today’s Forbes Daily covers when to expect SpaceX in your 401(k), SpaceX shares dip, Michael Dell surpasses Larry Ellison, critics blast U.S. Iran peace deal and more.

Daily Special: Actinogen Medical, Viking Mines, Pure Resources

Australian shares were lower at 12.15pm AEST, with the S&P/ASX 200 falling to 8,926.6 as investors reacted to signals from the US Federal Reserve that interest rates could rise later this year. Markets reacted to the Fed’s latest meeting, where rates were left unchanged but policymakers indicated inflation pressures could require further tightening. The Australian dollar fell overnight before recovering to around US70.3 cents as investors reasse…