Aussie shares flatline ahead of US interest rate call

by Pelican Press
1 minutes read

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Aussie shares flatline ahead of US interest rate call

The Australian market is treading water as investors hold their breath ahead of a speculated interest rate reduction in the US, expected to be the first rate cut since 2020.

At noon AEST on Wednesday, the benchmark S&P/ASX200 index was flat, up 1.1 points, or 0.01 per cent, at 8142.0, while the broader All Ordinaries was up 3.4 points, or 0.04 per cent, at 8,364.6.

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