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Asian markets follow Wall St higher on Fed rates promise

Sumary of Asian markets follow Wall St higher on Fed rates promise:

  • Fed Chairman Jerome Powell comments at a news conference appeared to reassure investors who worry higher inflation might prompt central banks to raise rates, which would weigh on economic growth…
  • Investors have been uneasy that inflation might accelerate after governments flooded sagging economies with extra spending and credit to reverse the deepest global slump since the 1930s…….

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