2 h. ago Federal Reserve cuts US interest rates in another divided vote

The central bank reduced its key interest rate for the third time in a row but signalled that it may leave rates unchanged in the coming months, a move that could attract ire from President Donald Trump.

Politics

3 h. ago ASX set to rise, Wall Street steady ahead of Fed rates decision

The US stock market remains largely quiet on Wednesday as Wall Street waits to hear what the Federal Reserve will say in the afternoon about where interest rates may be heading.

Politics

5 d. ago ASX recovers on tech strength despite rate cut hopes dissipating

Tech and gold companies have lifted the Australian market out of an early loss following a positive lead from Wall Street.

Politics

5 d. ago ASX recovers on mining strength despite rate cut hopes dissipating

Mining giants and banks have lifted the Australian market out of an early loss following a positive lead from Wall Street.

Politics

2 w. ago Inflation jump wipes out chances of rate cut – and puts rate hike back on the table

In a major concern for the Reserve Bank, underlying inflation rose again to sit further above the RBA’s 2-3 per cent inflation target.

Politics

2 w. ago ASX set to open higher ahead of inflation report; Wall Street gains again

The Australian sharemarket is headed for a strong start this morning, boosted by Wall Street’s third straight session in the green as traders bet on a cut to interest rates in the world’s largest economy.

Politics

3 w. ago The moment you will be able to hear a pin drop in global markets

The world is set to watch the most consequential announcement in sharemarkets this year. Not even the Federal Reserve’s rate decision in December will match it.

Politics

3 w. ago ASX takes a $35 billion hit as US interest rate cut hopes fade

The Australian sharemarket joined a global sell-off on Friday after investors were spooked by signs that imminent easing was less likely in the world’s largest economy.

Economics

3 w. ago Tech and property stocks lead ASX lower after jobs surprise, Webjet tanks

The Australian sharemarket dropped sharply on Thursday after a surprise fall in the unemployment rate further dampened chances of a rate cut.

Society