Asian shares fall after hawkish Fed minutes By Reuters – Investing.com
- Date: 06-Jan-2022
- Source: Investing.com
- Sector:Financial Markets
- Country:Gulf
Asian shares fall after hawkish Fed minutes By Reuters – Investing.com
By Andrew Galbraith
SHANGHAI (Reuters) - Asian shares fell on Thursday, extending a global slump after Federal Reserve meeting minutes pointed to a faster-than-expected rise in U.S. interest rates due to concerns about persistent inflation.
Worries over higher U.S. rates combined with growing concerns about the rapid spread of the Omicron coronavirus variant to weigh on riskier assets.