Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from global markets overnight, as worries about slowing growth and soaring inflation continue to weigh on market sentiment. The US Fed minutes also reaffirmed the central bank's plans to continue raising interest rates in an effort to return inflation to its 2 percent objective. Asian Markets closed mostly higher on Wednesday.
Further, the Fed minutes showed some participants also expressed concerns the Fed could tighten the stance of policy by more than necessary to restore price stability.
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