Asian shares advanced and the dollar fell on Thursday after a well-flagged U.S. rate rise delivered no major surprises, although policymakers in Europe and Japan could pose risks for markets with their own interest rate decisions.
During the much-watched press conference, Chair Jerome Powell remained non-committal about the prospects of a hike in the next meeting in September, though analysts said a continued slowing of inflation and weaker economic data may prompt policymakers to pause.
"As the conference went on he was almost on the verge of a nod towards an eventual rate cutting track down the line," said Garvey.
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