Asian stocks advanced on Tuesday, the dollar eased on improved risk sentiment and bond yields dipped as investors braced for a hefty rate hike from the Federal Reserve.
The U.S. central bank is likely to raise interest rates by 75 basis points at the conclusion of its two-day policy meeting on Wednesday, but investors will look for any signals the Fed will begin to taper the size of its rate hikes going forward.
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Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.