Asian Shares Falling On 'Hawkish' Fed Outlook

Entertainment (now) 2019-08-02

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SYDNEY (Reuters) - Asian shares were set to open significantly lower on Thursday as the U.S. Federal Reserve poured cold water on market expectations of a lengthy easing cycle after delivering a 25-basis-point cut. FILE PHOTO: An investor walks past a screen displaying stock information at a brokerage house in Shanghai, China May 6, 2019.

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