Asian stocks ended mostly lower on Tuesday after Wall Street entered the bear market on fears that aggressive rate tightening by the Federal Reserve would push the world's largest economy into recession.
With inflation running well ahead of the Fed's 2 percent goal, investors wonder whether the U.S. central bank will announce a bigger rate move during the two-day meeting that concludes Wednesday.
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Market Analysis
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.