The sharemarket opened higher on Thursday after Federal Reserve policymakers made no change to its 2025 interest rate projections and downplayed the risk of higher inflation from the new government’s punitive tariff regime.
The S&P/ASX 200 gained 0.7 per cent, up 54.1 points, to 7882.4 in the first 20 minutes of trade, paring some of the prior session’s losses. The All Ordinaries also rose 0.7 per cent. Ten of 11 sectors were higher, led by technology stocks.
Source: https://www.afr.com/markets/equity-markets/us-shares-rise-as-fed-outlook-is-awaited-20250320-p5lky8