Trump loves inflation

Trump loves inflation

From ABC Business Daily by ABC Australia

June 11, 2026 · 26 min

About this episode

The episode discusses the implications of rising inflation in the US and its effects on global markets and investors, alongside the upcoming SpaceX public offering.

Inflation in the United States has jumped to a three-year high, with rising energy prices adding fresh pressure as the war in Iran escalates again. So what does hotter US inflation mean for global markets, interest rates, and Australia? And with SpaceX about to go public in what could be a historic market moment, how should investors think about the hype - and the growing security concerns around Starlink? And we answer listener Phil's question. Carrington Clarke and ABC News Business Editor Michael Janda break it all down on ABC Business Daily. Catch up on The Business here . Got a burning business question like Phil? Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au

People in this episode

Host: Carrington Clarke

Guest: Michael Janda

Topics covered

  • inflation
  • global markets
  • interest rates
  • SpaceX
  • Starlink
  • investing
  • energy prices

Keywords

  • inflation
  • US economy
  • SpaceX
  • Starlink
  • investing
  • energy prices
  • global markets

Mentioned in this episode

Organizations: SpaceX

Places: United States, Iran, Australia

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