Asia shares struggle, dollar soars on lowered Fed rate cut bets

Asia shares struggle, dollar soars on lowered Fed rate cut bets

Asian stock markets were under pressure on Wednesday while the dollar climbed to its firmest against the yen since early April, after U.S. inflation suggested tariffs are pushing prices up, dampening expectations for Federal Reserve policy easing.

Source link

Visited 1 times, 1 visit(s) today

Leave a Reply

Your email address will not be published. Required fields are marked *