The US Federal Reserve hiked by 25bp, as was widely expected, and hinted at a pause. Bond yields fell slightly in response, while equities also fell (S&P500 -0.7%). The US dollar weakened ahead of the decision, with little change afterwards.

The US Federal Reserve hiked by 25bp, as was widely expected, and hinted at a pause. Bond yields fell slightly in response, while equities also fell (S&amp;P500 -0.7%). The US dollar weakened ahead of the decision, with little change afterwards.

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This is your daily morning briefing. With commentary and analysis from Westpac's Institutional Research team, Finance AM brings you insights on today's business news, the markets, FX and more. In one short bulletin, you'll get the heads up on what will drive markets in the day ahead. 

Any information provided in this podcast series is general in nature and has been prepared without taking into account any personal circumstances.

Business

This is your daily morning briefing. With commentary and analysis from Westpac's Institutional Research team, Finance AM brings you insights on today's business news, the markets, FX and more. In one short bulletin, you'll get the heads up on what will drive markets in the day ahead. Any information provided in this podcast series is general in nature and has been prepared without taking into account any personal circumstances.

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