Asian shares fall to lowest in 15 months after US Fed nails on March rate rise

Asian shares fall to lowest in 15 months after US Fed nails on March rate rise - short news


Markets in Japan and Korea lose more than 3% on fears of costlier borrowing, with FTSE and Wall Street on course to follow suit

Stock markets in Asia have tumbled to their lowest in nearly 15 months after America’s central bank chief confirmed widely expected plans to increase interest rates this year, beginning in March.

With investors also concerned about political tensions between Russia and Ukraine, supply chain problems and rising oil prices, the prospect of sustained..


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source: The Guardian - 27.01.2022

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