The ASX is set to open down this morning, with the US Federal Reserve deciding to keep interest rates on hold.
It was the first meeting for new Fed Reserve chairman Kevin Warsh.
Follow the day’s market news in our blog.
Disclaimer: this blog is not intended as investment advice.
Thu 18 Jun 2026 at 6:49am
Morning all
Good morning. Alison Branley here with you this morning for the ABC news business blog.
In week with good news for borrowers and motorists, now here’s some extra cheerful tidings – at least for the US borrowers.
The US Federal Reserve has voted to keep interest rates on hold for the fourth time this year.
It was the first meeting presided over by new chair Kevin Warsh.
But it’s not all sunshine with the ASX expected to open down on the news.
Let’s sit back with a cuppa and unpack what it all means for you.
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