The Australian share market started the week poorly as nervous traders look ahead to what the US Federal Reserve will do at its summer conference later this week and China continues to disappoint. The US central bank will hold its meeting in Wyoming from August 24 to 26, where it will decide whether inflation is under control or more interest rate hikes are needed to cool inflation, the Associated Press reported. The People’s Bank of China on Monday lowered its one-year loan prime rate to 3.45 per cent from 3.55 per cent, as the economic powerhouse tries to rebuild its…