Markets rise as traders consider US rate outlook

Asian markets rose Thursday with traders mulling the outlook for US interest rates as Federal Reserve officials questioned the need for a cut anytime soon. Comments from Fed officials reinforced the view that sticky inflation and a resilient US economy will keep the bank from easing monetary policy anytime soon.

Apr 18, 2024 - 05:10
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Markets rise as traders consider US rate outlook
Asian markets rose Thursday with traders mulling the outlook for US interest rates as Federal Reserve officials questioned the need for a cut anytime soon. Comments from Fed officials reinforced the view that sticky inflation and a resilient US economy will keep the bank from easing monetary policy anytime soon.

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Phillimon Sefake Phillimon Sefake is a creative writer and literary scholar