US Fed says it won't raise rates this year, but that didn't boost shares

Australia News News

US Fed says it won't raise rates this year, but that didn't boost shares
Australia Latest News,Australia Headlines
  • 📰 abcnews
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 83%

US stocks ended mixed as worries about the US-China trade dispute offset news that the US central bank does not plan any interest rate rises this year.

The Federal Reserve said it will not raise rates in 2019 because economic growth in North America has slowed down.

The Fed also downgraded its economic forecasts, predicting that unemployment would rise slightly this year and inflation and economic growth would weaken. Earlier, the US President dampened hopes of a quick end to the trade dispute between the US and China.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

abcnews /  🏆 5. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US share markets flop flat on China trade worriesUS share markets flop flat on China trade worriesShares on Wall Street gains made earlier in the session after a report that the US and China are in dispute over some measures to end their trade war.
Read more »

New US military budget focused on China despite Trump border talkNew US military budget focused on China despite Trump border talkThe 2020 Pentagon budget proposal is shaped by national security threats that acting Defence Secretary Patrick Shanahan summariss as: 'China, China, China'.
Read more »

New US military budget focused on China despite Trump border talkNew US military budget focused on China despite Trump border talkThe 2020 Pentagon budget proposal is shaped by national security threats that acting Defence Secretary Patrick Shanahan summariss as: 'China, China, China'.
Read more »

Markets are on edge as US trade talks with China hit a rough patchMarkets are on edge as US trade talks with China hit a rough patchThe US market had largely priced in a successful outcome from the trade negotiations between the US and China. Now it's not so sure.
Read more »

Fine for woman who kept wombat as a pet and fed it wheat biscuits and porridgeFine for woman who kept wombat as a pet and fed it wheat biscuits and porridgeA WA woman, who kept an orphaned wombat as a pet, is fined $6,000 even though the magistrate agrees the woman was trying to do the right thing.
Read more »

Toy Story 4 full-length trailer is finally hereToy Story 4 full-length trailer is finally hereDisney Pixar have today released the first full-length trailer for the fourth instalment in the Toy Story series.
Read more »

'An attack on all of us': Morrison, Ardern condemn extremism after Christchurch mosque attacks'An attack on all of us': Morrison, Ardern condemn extremism after Christchurch mosque attacksThe prime ministers of Australia and New Zealand have united to condemn the terror attacks in Christchurch.
Read more »

Former Putin adviser who died in US had his neck brokenFormer Putin adviser who died in US had his neck brokenDocuments show that a former adviser to Russia's president sustained a complete fracture of his neck 'at or near the time of his death' in a Washington hotel room in 2015.
Read more »

US grounds all Boeing 737 MAX 8 amid growing safety concernsUS grounds all Boeing 737 MAX 8 amid growing safety concernsThe ban on the Boeing 737 MAX aircraft has become worldwide after US President Donald Trump joined Canada and other countries in grounding the aircraft
Read more »

Kim is rethinking US talks, missile moratorium: North Korean officialKim is rethinking US talks, missile moratorium: North Korean official'I want to make it clear that the gangster-like stand of the US will eventually put the situation in danger,' said Vice Foreign Minister Choe Son-hui.
Read more »



Render Time: 2025-03-14 21:59:33