{"id":340832,"date":"2025-12-11T03:35:13","date_gmt":"2025-12-11T03:35:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/340832\/"},"modified":"2025-12-11T03:35:13","modified_gmt":"2025-12-11T03:35:13","slug":"australian-dollar-spikes-after-cut-to-us-interest-rates","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/340832\/","title":{"rendered":"Australian dollar spikes after cut to US interest rates"},"content":{"rendered":"<p>T\ufeffhe Australian dollar rose early today after the US Federal Reserve cut interest rates by 0.25 percentage points.<\/p>\n<p>At 7am (AEDT) the Aussie dollar was trading at US66.63 cents.The Sydney Morning Herald.<\/p>\n<p>The decision by the US central bank is expected to trigger a surge in the Australian share market today.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/12\/https:\/\/prod.static9.net.au\/fs\/773ced52-ee99-4f68-a0cc-4b3d85d5bcd1.jpeg\"   alt=\"\"\/>US Federal Reserve Chair Jerome Powell announced a cut to interest rates. (AP Photo\/Jacquelyn Martin) (AP)<\/p>\n<p>The US interest rate reduction on Wednesday (Thursday AEDT) to 3.6 per cent, marked the lowest it has been in nearly three years.<\/p>\n<p>Chair Jerome Powell signalled at a news conference that the Fed would likely hold off on further rate cuts in the coming months while it evaluated the health of the economy.<\/p>\n<p>Economists in Australia, meanwhile, are awaiting today&#8217;s release of key employment figures, expected at 11.30am (AEDT).<\/p>\n","protected":false},"excerpt":{"rendered":"T\ufeffhe Australian dollar rose early today after the US Federal Reserve cut interest rates by 0.25 percentage points.&hellip;\n","protected":false},"author":2,"featured_media":340833,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":{"0":"post-340832","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-economy"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/340832","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=340832"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/340832\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/340833"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=340832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=340832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=340832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}