Asia markets track Wall St plunge as rate hike fears grow

Hong Kong (AFP) March 5, 2021

Asian markets fell further Friday after Federal Reserve boss Jerome Powell failed to soothe fears of a surge in inflation fuelled by the expected global economic recovery, which many warn could force the central bank to hike interest rates earlier than thought. While the rollout of vaccines, slowing infections, easing of lockdowns and an imminent new stimulus are breathing life back into eco