Asian markets pick up but traders worry over looming rate hikes

Energy Daily

Published

Hong Kong (AFP) Feb 28, 2023

Asian markets bounced Tuesday on bargain-buying after suffering a series of losses over fears the Federal Reserve will push interest rates higher than expected and for longer than feared as it battles stubborn inflation. The gains tracked advances on Wall Street, though investors will be keeping a wary eye on several data releases this week that will provide a fresh snapshot of the US econom

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