Asian stock markets are higher on Thursday, after the Fed announced its widely expected decision to maintain ultra-easy policy. The Fed left interest rates and asset purchases unchanged even as the central bank upgraded its assessment of the U.S. economy. The cues overnight from Wall Street were weak. Asian markets closed mostly higher on Wednesday.
Investors are also awaiting U.S. President Joe Biden's address to a joint session of Congress for clues on further stimulus measures, which may aid in speeding up the global economic rebound from the pandemic.
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