Live: ASX set to fall after Wall Street slumps on inflation fears

The ASX 200 is poised to drop 0.3 per cent after Wall Street tumbled on profit taking and growing fears that inflation may return and scuttle deep rate cuts. Follow the day’s events and insights from our business reporters on the ABC News live markets blog.  The ASX 200 is poised to drop 0.3 per cent after Wall Street tumbled on profit taking and growing fears that inflation may return and scuttle deep rate cuts. Follow the day’s events and insights from our business reporters on the ABC News live markets blog.  Stock Market, Financial Markets, Currency, Company News, Business, Economics and Finance, Economic Trends and Indicators, Cryptocurrency Latest business news