Most Asian equity markets edged higher on Friday, while the U.S. dollar hung near its weakest level since May, with investors fretting about the risks of a global recession as the Federal Reserve presses on with interest rate increases. U.S. Treasury yields remained elevated in Tokyo after bouncing off four-month lows overnight.
If markets are wondering why the Federal Reserve just won t play ball with their peak interest rate pricing, the answer probably lies in the resumption of U.S. real wage growth.
By Mike Dolan LONDON (Reuters) - If markets are wondering why the Federal Reserve just won't play ball with their 'peak interest rate' pricing, the an.
Top Fed official: Inflation is easing, but our work isn t done ktvz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ktvz.com Daily Mail and Mail on Sunday newspapers.