News Formal

Asian stocks sink on hawkish Fed outlook, China fears persist By Investing.com

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Asian stocks sink on hawkish Fed outlook, China fears persist

Investing.com-- Most Asian stocks retreated on Tuesday as the prospect of higher U.S. rates weighed on the technology sector, while persistent concerns over a Chinese economic slowdown also kept investors wary of regional markets.

Regional stocks were still reeling from hawkish signals from the Federal Reserve, after the bank said that interest rates could potentially increase further this year, and will remain higher for longer. Overnight comments from Minneapolis Fed President Neel Kashkari furthered these fears. Kashkari said that he saw one more rate hike this year, and that rates needed to remain higher to cool high inflation and a tight labor market.losing 0.9% on losses in heavyweight chipmakers.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 450. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Asian stocks dip, China slides on property market jitters By Investing.comAsian stocks dip, China slides on property market jitters
Källa: Investingcom - 🏆 450. / 53 Läs mer »