The Federal Reserve’s FOMC meeting statement surprised markets by showing a majority of members expected rate hikes by 2023. US equities fell (S&P500 currently -0.5%), while bond yields and the US dollar jumped, causing a sharp fall in the AUD and NZD.

The Federal Reserve’s FOMC meeting statement surprised markets by showing a majority of members expected rate hikes by 2023. US equities fell (S&amp;P500 currently -0.5%), while bond yields and the US dollar jumped, causing a sharp fall in the AUD and NZD.

17June

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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17June

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