ASX 200 LIVE: US Fed chair Powell to deliver last rate cut, inflation warning; silver at record

The RBA is not alone in its cautious stance on rising inflation - US Fed chair Jerome Powell is tipped to pepper an expected rate cut with similar warnings. Silver’s at a new record, continuing to outpace gold on 2025 gains.

Rates around the world are likely to be rising next year while commodities like silver continue to benefit from investor nerves over challenged economies.

The Australian’s rolling coverage of business and markets news for Wednesday, December 10.

The ASX 200 index is flat at 8588.5 points at 11.33am AEDT before a US interest rate decision at 6am AEDT Thursday. Gold miners soar but most sectors fall.

Originally published as ASX 200 LIVE: US Fed chair Powell to deliver last rate cut, inflation warning; silver at record