The record
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- Asian stock markets, including Japan's Nikkei and South Korea's Kospi, rose after the US Federal Reserve raised interest rates by 0.25%.
- The Federal Reserve's rate hike was the first since 2023 and was decided at the FOMC meeting to curb inflation.
- Oil prices eased alongside the Asian market gains.
- The rise in Asian markets came after Wall Street posted hefty losses on Wednesday.
- The Fed's rate decisions continue to influence global market movements.
What to watch next
- Whether Asian market gains hold in upcoming trading sessions
- Further signals from the Federal Reserve on future rate hikes
- Direction of oil prices and their impact on equities
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All filed from India
Named Japan · South Korea · United States · KOSPI · Nikkei · Federal Open Market Committee
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