Following a call with the US Treasury Secretary Janet Yellen, the UK Finance Minister Rishi Sunak and New Zealand’s Finance Minister Grant Robertson,
Australia’s Treasurer Josh Frydenberg issued the media release, citing:

“Today Australia hosted a call with the Finance Ministers of the United States, the United Kingdom and New Zealand.”

“This call built on our discussions from last year, to share experiences managing the COVID-19 crisis.”

“During the call we exchanged views on our policy responses, and discussed our respective fiscal positions and strategies to support a robust economic recovery.”

“We agreed to remain in regular contact as a group and will continue to work together in responding to the challenges we face.”

The above headlines fail to have any market impact, as the S&P 500 futures add 0.12% to trade around 4,180 ahead of the Fed decision.

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