Asian stocks sink again as inflation panic grips world markets

Expectations for a spike in US interest rates has sent the dollar surging to record or multi-year highs against other currencies.HONG KONG - Equity markets tumbled again on Tuesday to extend a global rout fuelled by fears of recession, with the Federal Reserve preparing to ramp up interest rates as inflation shows no sign of slowing.

Investors are now laser-focused on Wednesday's Fed interest rate decision as it struggles to walk a fine line between reining in inflation and trying to keep the economy on track. Before Friday's news, expectations had been for a 50-point basis hike and a signal that more of the same was to come at the next few meetings. But now analysts say there is a one-in-three chance officials could announce a three-quarter point increase, with some even predicting a one percentage point hike.

"Once the Fed starts moving in 75s it would be hard to stop, and the combination of this and the Fed’s outcome-based approach to inflation feels like it could be a recipe for recession," said Evercore ISI's Krishna Guha and Peter Williams.

I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to Allison_Grillo, and I gave Bitcoin trading another try, I successfully withdrew $35,000 after two weeks of trading, am so grateful Allison_Grillo thank you.

As a mother of two kids I have battled alot with my financial state to the point of begging from friends just to survive,until I started Bitcoin trading with the help of Allison_Grillo I made a successful withdrawal of R 200,000 with the help of Allison_Grillo.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian stocks sink again as inflation panic grips world markets | The CitizenUS consumer prices are rising at their fastest pace in a generation due to a spike in energy and food costs. F Fn
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Big or small: Here's how amendments to employment equity laws will affect your business | Fin24An employment law expert sets out two important changes in the Employment Equity Amendment Bill - one impacts small businesses and one potentially impacts large ones. | Fin24 Fin24 As a mother of two kids I have battled alot with my financial state to the point of begging from friends just to survive,until I started Bitcoin trading with the help of Allison_Grillo I made a successful withdrawal of R 200,000 with the help of Allison_Grillo. Fin24 I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to Allison_Grillo, and I gave Bitcoin trading another try, I successfully withdrew $35,000 after two weeks of trading, am so grateful Allison_Grillo thank you. Fin24 The only thing that will help create employment in SA is to abolish the racist AA/BBBEE ‘laws’ 🤷🏻‍♂️
Source: News24 - 🏆 4. / 80 Read more »

Asian stocks slide as expectations for aggressive US rate hikes riseMSCI’s broadest index of Asia-Pacific shares outside Japan extend losses As a mother of two kids I have battled alot with my financial state to the point of begging from friends just to survive,until I started Bitcoin trading with the help of Allison_Grillo I made a successful withdrawal of R 200,000 with the help of Allison_Grillo.
Source: BDliveSA - 🏆 12. / 63 Read more »