Asian stocks ended mixed on Wednesday as investors braced for a hawkish Fed outcome. Concluding a two-day policy meeting later today, the Federal Reserve is expected to announce the early termination of QE asset purchases and signal its first rate hike in March to fight inflation.
Markets in Australia and India were closed for holidays. China's Shanghai Composite index fluctuated before ending 0.7 percent higher at 3,455.67, averting a technical bear market. Hong Kong's Hang Seng index finished 0.2 percent higher at 24,289.90 as technology stocks advanced.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.