NZX lifts 0.2% as markets wait for US Fed decision

Chair of the US Federal Reserve, Jerome Powell. (Image: Getty)

Tue, 16 Sep 2025

It’s all eyes on Jerome Powell and the other US Federal Reserve governors in equity markets as a strong lead from Wall Street has lifted the New Zealand benchmark.The S&P/NZX 50 gained 0.2% to 13,234.89 points on Tuesday, with turnover of 38.6 million shares worth over $145.8m.Jeremy Sullivan, an investment advisor at Hamilton Hindin Greene, said investors' eyes were on the Federal Reserve, which will release its decision on cutting interest rates on Wednesday. "It's pretty much a done deal on a rate cut in the...

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