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International Business Times
International Business Times
Business

Asian Markets Tick Up As Investors Eye Jackson Hole Meeting

Federal Reserve Chairman Jerome Powell is set to deliver remarks during an annual gathering of central bankers, a key event for observers weighing the chances of a rate cut (Credit: AFP)

Asian markets were mostly up Friday morning ahead of a pivotal speech by the US central bank chief, expected to shed light on possible interest rate cuts in the world's top economy.

Recent days have seen cautious trading as investors parse a mixed outlook for the global economy, beset by worries over inflation even as a boom in tech -- especially artificial intelligence -- continues.

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