Asian markets track Wall St rout as Fed pares rate-cut forecast

Asian markets sank Thursday and the dollar held gains following a severe sell-off on Wall Street that came after the Federal Reserve halved its rates outlook and boss Jerome Powell warned officials’ focus was back on fighting inflation.

Attention now turns to the Bank of Japan as it holds its own policy meeting with debate swirling around whether it will hike borrowing costs for a third time this year.

Legit : Read More