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AAP
AAP
Business
Derek Rose

Australian shares flat as focus turns to Fed meeting

US Federal Reserve United States Australia
There was little change on the Australian market with all eyes now on US rate cuts. (James Gourley/AAP PHOTOS)

The local share market has finished flat as the US Federal Reserve kicked off a two-day meeting expected to culminate in another interest rate cut and an update on the path forward for rates in 2025.

The benchmark S&P/ASX200 index on Wednesday finished down 4.6 points, or 0.06 per cent, to 8,309.4, while the broader All Ordinaries closed unchanged at 8,558.6.

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