Thursday, 5 May 2022

Asian markets rise as Fed eases fears over huge rate hike

Asian markets rallied Thursday following a Wall Street surge after the Federal Reserve played down chances of a huge interest rate hike in the near future, while oil extended gains as the European Union moved to ban imports from Russia. US central bank officials announced an expected half-point lift in borrowing costs — the biggest […]

from Daily Times https://ift.tt/rbJSAwj

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