Federal Reserve
Opinion
US Votes 2024
Trump’s Machiavellian plot to undermine the man he would love to get rid of
Jerome Powell says he will not resign as chairman of the US Federal Reserve should the president-elect ask him to. Trump’s advisers are working on a Plan B.
- by Stephen Bartholomeusz
Latest
Updated
US Votes 2024
‘Not permitted under the law’: Powell shuts down Trump questions as Fed cuts rates
The Federal Reserve cut interest rates by a quarter of a percentage point while chair Jerome Powell addressed concerns about his future when Donald Trump returns to the White House.
- by Christopher Rugaber
Opinion
World markets
Trump sent markets soaring but there was one danger sign
Amid the near-euphoria in financial markets that erupted when it became clear that Donald Trump had regained the US presidency, there was one warning sign.
- by Stephen Bartholomeusz
Opinion
Inside China
Tight US election casts a shadow over China’s economic planning
Xi’s key policymakers are meeting to discuss a large fiscal stimulus package, knowing that the US election outcome could have threatening implications.
- by Stephen Bartholomeusz
Opinion
US Votes 2024
Knife’s edge: How the US election result will change the world
Donald Trump and Kamala Harris have two radically different sets of policies that will have great consequence not just for Americans, but for the rest of the world.
- by Stephen Bartholomeusz
Opinion
Five Minutes with Fitz
Michele Bullock didn’t cut rates on Tuesday. Bernie Fraser is sure she should have
The Reserve Bank’s most iconic governor says businesses are going bust and the RBA is too focused on only one factor in its charter.
- by Peter FitzSimons
Opinion
Interest rates
Why this famous recession predictor might be wrong this time
A closely watched indicator is signalling that the US is on track to avoid a recession. But these are anything but normal times.
- by Stephen Bartholomeusz
Hoping for the RBA to cut interest rates? Here’s what the big four banks are saying
While markets are expecting at least one rate cut before the end of the year, RBA governor Michele Bullock and most of the big four banks disagree.
- by Millie Muroi
Perspective
Software
‘Land of dreams’: The Australian high-flyers on edge as Trump and Harris duke it out
Australia’s tech insiders are enjoying a surge in optimism from the Fed’s bumper rate cut, but all eyes are now on the US election.
- by David Swan
Updated
Sharemarket
ASX hits record high as market celebrates US rate cut
The Australian sharemarket closed out the week in record territory despite an afternoon selloff, after this week’s large cut to US interest rates fuelled one of the strongest days on Wall Street this year.
- by Staff reporter
Updated
World markets
Miners push ASX to record close after Fed unleashes jumbo rate cut
The Australian sharemarket broke successive records on Thursday after the Federal Reserve issued a whopper 0.5 percentage point interest rate cut.
- by Brittany Busch
Original URL: https://www.watoday.com.au/topic/federal-reserve-1mzb