Asia stocks slip as Fed warns of 'uncertain' outlook

Energy Daily

Published

Hong Kong (AFP) Sept 17, 2020

Asian markets mostly dropped Thursday following a broadly negative lead from Wall Street after the head of the Federal Reserve warned of an "uncertain" outlook for the US economy and stressed the need for fresh stimulus. While the central bank indicated interest rates were unlikely to begin rising for another three years, allowing businesses to borrow at ultra-low levels, Jerome Powell's cal

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