Wall Street see-saws as Powell unsettles markets; ASX set to dip

Colin KrugerUpdated March 23, 2023 — 12.31pmfirst published at 5.37am The Australian sharemarket was 0.8 per cent lower just before noon on Thursday following heavy losses on Wall Street after Federal Reserve chairman Jerome Powell signalled the US central bank may keep raising rates in its fight against inflation. Investors were also rattled by US Treasury Secretary Janet…