Asian markets rise as Fed leaves itself wiggle room, hopes for trade talks rekindled

Asian markets gained in early trading Thursday, after the U.S. Federal Reserve kept interest rates unchanged but indicated it is ready to make ease monetary policy if needed. The Fed said it will “closely monitor” the economy given increasing uncertainty about government policy, though it signaled it may not need to lower rates before 2020. But Chairman Jerome Powell indicated […]

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Asian markets largely down as investors take wait-and-see approach

Asian markets were mostly down in lackluster trading early Wednesday, as investors processed mixed signals on U.S.-China trade talks and awaited the Fed’s meeting later in the day. On Tuesday, Bloomberg News reported that some U.S. officials were worried that China was reneging on trade concessions and that Chinese negotiators have recently pushed back because the U.S. has not sufficiently […]

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