Asian markets mixed but little joy as traders eye more Fed hikes

Asian markets mixed but little joy as traders eye more Fed hikes

Energy Daily

Published

Hong Kong (AFP) Feb 23, 2023

Markets were mixed Thursday, with little buying enthusiasm after minutes from a Federal Reserve policy meeting indicated interest rates will likely keep rising longer than previously feared. A blockbuster jobs report and sticky inflation data this month have dealt a hammer blow to earlier expectations the central bank could soon pause its monetary tightening campaign or even cut borrowing co

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