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Asian markets mostly lower, echoing U.S. slide on rate worries

Por: MarketWatch Business September 26, 2022

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“Momentum may follow from the further sell-off on Wall Street to end last week, with strength in the U.S. dollar weighing on Asian indices,” Yeap Jun Rong, a market strategist at IG in Singapore, said in a report. The recent moves by the U.S. Federal Reserve and other central banks around the world to raise interest rates are designed to curb high inflation, but they also threaten a recession, if the rates rise too much or too quickly. Wall... + full article



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