Asian, European markets mixed as investors assess Fed outlook

Asian, European markets mixed as investors assess Fed outlook

Energy Daily

Published

Hong Kong (AFP) Aug 19, 2022

Markets drifted on Friday as investors tried to assess the Federal Reserve's plans for lifting interest rates to fight inflation, with mixed data and differing opinions by bank officials providing little clarity. A two-month rally from June lows appears to have run out of steam this week, with downward pressure coming after minutes from the Fed's most recent meeting showed it was determined

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