Asian markets swing as inflation, rates worry investors
Asian markets fluctuate following a tepid performance in New York and Europe as traders fret over the inflation outlook and central bank plans to hike interest rates to tame rampant prices. – EPA pic, April 20, 2023.
ASIAN markets fluctuated today following a tepid performance in New York and Europe as traders fret over the inflation outlook and central bank plans to hike interest rates to tame rampant prices. Wall Street closed relatively flat following mixed corporate results, and as a Federal Reserve report said the US economy was “little changed” in recent weeks.
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