Asian markets mostly up as traders cheer Fed tilt to fight inflation

Hong Kong (AFP) Dec 16, 2021

Most Asian markets rose Thursday and the dollar held gains after the Federal Reserve laid out a more hawkish path by speeding up the taper of its pandemic financial support and indicated a number of interest rate hikes over the coming years. While the much-anticipated decision spells an end to the age of ultra-loose monetary policy, investors cheered the fact the US central bank had outlined