ASX to open slightly down amid muted reaction to Fed; Treasuries drop

Natasha RudraOnline editor

Updated Jul 27, 2023 – 4.30am, first published at 3.18am

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Australian shares are to open slightly down as markets had a muted reaction to the Federal Reserve decision to raise interest rates as expected by 25 percentage points to 5.25-5.50 per cent. The ECB is next cab off the rank with a rates decision on Thursday.