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Asia Markets Respond Well to Latest Fed Rate Hike

With the Federal Reserve aggressively raising interest rates as a means of battling record-high inflation, investors are giving emerging markets in Asia a closer look. After the Fed’s latest rate hike of 75 basis points on Wednesday, the South Korean won and the Malaysian ringgit rallied on Thursday. Meanwhile, stock and bond markets in Seoul, [...] The post Asia Markets Respond Well to Latest Fed Rate Hike appeared first on ETF Trends .
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