Asian stocks mostly higher ahead of Fed’s interest rate decision
Asian stock markets trended upward on Wednesday as investors anticipated the Federal Reserve's upcoming decision on interest rates. Despite recent losses on Wall Street, market participants widely expect the central bank to implement its first rate hike in three years. U.S. stock futures also edged higher ahead of the announcement.
HONG KONG (AP) — Asian shares were mostly higher Wednesday despite losses on Wall Street, as investors await the Federal Reserve’s decision on interest rates, with high expectations of a rate hike. U.S. futures also edged higher. There is widespread expectation that the Fed will hike rates Wednesday for the first time in three years...
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