Fed hiked rates above Australia's OCR for the first time in 18 years – AFR

The Australian Financial Review (AFR) expressed its take on the Fed’s rate hike decision, with the key points found below:

Fed raised interest rates above Australia's official cash rate (OCR) for the first time in 18 years.

Outlined an optimistic Goldilocks-like outlook of stronger economic growth and remarkably low unemployment without inflation stirring too much.

 FOMC tipped three additional rate rises next year.”