Asian shares gain as fears about rapid Fed hikes, bank crisis fade

Asian equities rose sharply on Wednesday, tracking a relief rally on Wall Street and as U.S. inflation data delivered no nasty surprises, reinforcing hopes the Federal Reserve will likely go for a smaller rate hike when it meets next week. Investors piled back into stocks in U.S. markets overnight…

#federalreserve #siliconvalleybank #svb #spasx200 #robertcarnell #asiapacific #ing #carnell #ustreasury #treasury