Asia traders tread cautiously ahead of Fed rate decision
Markets globally have enjoyed a broadly strong run-up this month on hopes the US central bank will decide against an eleventh successive hike at the end of the meeting tomorrow. – EPA pic, June 12, 2023.
ASIAN investors traded cautiously today as they awaited key US inflation data and the Federal Reserve’s interest rate decision later this week. Markets globally have enjoyed a broadly strong run-up this month on hopes the US central bank will decide against an eleventh successive hike at the end of the meeting tomorrow.
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