
Banks lift Australia shares after Fed’s Powell comments calm tariff jitters
Source: Live Mint March 20 (Reuters) – Australian shares recovered on Thursday, led by banks after U.S. Federal Reserve Chair Jerome Powell’s comments calmed investors rattled by President Donald Trump’s tariff threats, and gold stocks jumped as bullion hit a record high. The S&P/ASX 200 index rose 0.7% to 7,881.6, as of 2328 GMT. The…