Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from global markets overnight, as traders remain concerned about the outlook for interest rates and reacted to the US Federal Reserve's monetary policy announcement and subsequent comments by Fed Chair Jerome Powell. Asian Markets closed mixed on Wednesday.
The Fed announced its widely expected decision to raise interest rates by another 75 basis points in an effort to rein in the worst inflation in four decades.
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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.