Business
US central bank keeps interest rates at zero as Biden prepares to tax the uber rich – ABC News
The Australian share market is marginally up on Thursday. Woolworths has released its quarterly results. The US federal reserve is sticking to its guns. Read Australian…
The Australian share market has opened slightly higher on Thursday, as the US central bank keeps interest rates at zero while noting its economic outlook is “strengthening”.
Key points:
- The ASX is set to rise on open as US markets close down
- The US central bank keeps interest rates at zero
- The US President is set to unveil a new spending spree plan that involves taxing the rich more
As of 10:30am AEST, the ASX 200 was up 0.1 per cent to 7,074.
Australia’s benchmark share index closed 0.4 per cent…
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