Asia stocks tumble after US Fed says more rate hikes likely | Business and Economy News
Written by Black Hot Fire Network on November 3, 2022
Benchmark indexes across Asia fall after US central bank raises key rate to the highest level in 15 years.
Asian stock markets have tumbled after the United States Federal Reserve added to recession fears by saying it was not finished raising the country’s interest rates to cool inflation.
Hong Kong’s benchmark lost 3.1 percent on Thursday, while Shanghai, Seoul and Sydney also followed Wall Street lower after the 
