Business

Sarah Turner

Sarah Turner writes on markets and is based in our Sydney newsroom. Sarah previously covered equities, commodities and currencies in London for Dow Jones.

Federal Reserve chairman Jerome Powell will raise interest rates Thursday morning AEDT.

Markets Live: countdown to FOMC

The S&P/ASX 200 Index is mildly higher after a tidy start as markets ready for a FOMC hike. James Packer has stepped back from his business interests.

The ASX has joined in the global equity party.

Equity, bond markets 'wildly overvalued'

The equity market may have shrugged off the recent Wall Street correction, but not all global fund managers are convinced market conditions signal a return to easy gains.

Janet Yellen presided over her last meeting as chairman of the Federal Reserve.

ASX finds its feet in February

Shares started the new month on an upbeat note, with investors looking ahead to an upcoming earnings season to deliver some solid corporate results.