Federal Reserve
ASX closes in the red; Star and Lovisa plunge
The sharemarket lost ground on Thursday, as shares in Star Entertainment tumbled after it told investors it had just $79 million left in cash.
- Hannah Kennelly
Latest
- Updated
- Markets Live
ASX rallies as ‘very good’ inflation data sparks rate cut bets
The Australian sharemarket reversed an early slide on Wednesday, after inflation data spurred hopes for an interest rate cut next month.
- Daniel Lo Surdo
- Updated
- Aussie dollar
Petrol prices and interest rate cuts at risk as dollar hits record low
A plummeting Australian dollar could force a rethink of interest rate cuts and increase the cost of essential items, market analysts have warned.
- Daniel Lo Surdo
Trump, Bitcoin and China: The booms and busts awaiting the ASX in 2025
Australia’s market analysts have forecast steady growth for the domestic sharemarket in 2025, despite looming uncertainties hanging over the next 12 months.
- Daniel Lo Surdo
- Opinion
- Interest rates
The Trump shadow hanging over Wall Street’s meltdown
A big change in the Federal Reserve’s thinking triggered a bloodbath on Wall Street that has spread around the world.
- Stephen Bartholomeusz
- Updated
- World markets
Fed cuts rates but Wall Street rattled by change to 2025 outlook
Wall Street sank as the US Federal Reserve says it expects to see fewer rate cuts next year than previously projected.
- Howard Schneider and Ann Saphir
- Opinion
- Interest rates
Trump set to put an old foe in an uncomfortable position
Donald Trump’s controversial policies set him up for an inevitable clash with old sparring partner Jerome Powell.
- Stephen Bartholomeusz
- Opinion
- Regulation
Could Trump spark another financial crisis?
Some of Wall Street’s most powerful people are still celebrating the president-elect’s victory, but they should be wary.
- Stephen Bartholomeusz
- 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.
- Stephen Bartholomeusz
- 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.
- Christopher Rugaber
Original URL: https://www.watoday.com.au/topic/federal-reserve-1mzb