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Stock market soars as inflation comes in below expectations

Stock market soars as inflation comes in below expectations
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Asia-Pacific Stocks Set for Mixed Start; Fed Keeps Rates Steady


By Eustance Huang, CNBC •
Updated 1 hour ago
Zhang Wei | China News Service via Getty Images
In morning trading on Thursday, Hong Kong s Hang Seng index jumped around 2%. That continued the Wednesday recovery for the index after it dived more than 8% over two days early this week.
The Federal Open Committee ended its two-day meeting by keeping interest rates in a target range between zero and 0.25%.
Fed Chairman Jerome Powell said the U.S. central bank is nowhere near considering a rate hike despite the optimism over the U.S. economy.
SINGAPORE Shares in Hong Kong continued to see a rebound in Thursday morning trade from a two-day slump earlier in the week. Meanwhile, Asia-Pacific markets rose after the U.S. Federal Reserveleft its benchmark interest rate near zero. ....

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