Stocks decline after the Fed pauses and suggests higher interest rates will continue: Today’s stock market news
On Thursday, Asian markets fell broadly in line with Wall Street’s performance as traders perceived the most recent U.S. Federal Reserve policy comments as indicating higher interest rates for the foreseeable future. The Hong Kong benchmark fell 0.8%, while MSCI’s largest index of Asia-Pacific shares outside of Japan fell 0.6%. Nikkei lost 1% in Japan. … Read more