Asian markets track US losses with rates seen rising further

Hong Kong (AFP) June 22, 2023

Markets fell in Asia on Thursday as traders contemplated the prospect of more central bank interest rate hikes as they struggle to tame persistently high inflation. Federal Reserve boss Jerome Powell dealt a blow to investors hoping its tightening cycle may be near an end by warning US lawmakers it "may make sense" to keep lifting. His comments came as pressure built on the Bank of Engla