Following the sell-off on Wall Street overnight, Asian stock markets are trading mixed on Thursday, as traders react to the US Fed's highly anticipated monetary policy announcement and accompanying statements. The Fed pushed back against bets on an interest rate cut in March. Asian Markets closed mostly lower on Wednesday.
The Fed left interest rates unchanged and maintained the target range for the federal funds rate at 5.25 to 5.50 percent to support its dual goals of maximum employment and inflation at the rate of 2 percent over the longer run.
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