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The Independent UK
The Independent UK
National
Elaine Kurtenbach

Stock market today: Asian shares are mixed ahead of a Fed decision on interest rates

Copyright 2024 The Associated Press. All rights reserved

Shares were mixed Wednesday in Asia ahead of a decision by the Federal Reserve on interest rates.

In Japan, higher inflation and falling wages raised questions about how the central bank can navigate away from near-zero interest rates. The Bank of Japan will issue a policy decision on Friday. In March, it raised its benchmark rate from minus 0.1% to a range of zero to 0.1%, the first such increase in 17 years.

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