Hong Kong, Dec 23, 2024 (AFP) - Asian markets track Wall St rally as US inflation eases rate worries

NAMPA / AFP

2024-12-23

Asian markets rose Monday after big gains on Wall Street, with traders welcoming below-forecast US inflation data that tempered worries that the Federal Reserve will take a more hawkish tone with interest rates next year. A holiday-thinned week got off to a healthy start after last week's sell-off sparked by the US central bank's outlook that suggested officials will not lower borrowing costs as much as previously hoped over the next 12 months. S......

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