HONG KONG (AFP): Another Federal Reserve reassurance it would not hike interest rates until absolutely necessary buoyed Asian markets Thursday (Feb 25), while traders were also taking heart from more positive developments on the vaccine front.
Expectations the global economy will rocket have helped equities surge in recent weeks, but optimism is giving way to concerns the rebound -- and an imminent government stimulus -- will fire inflation and force the central bank to reverse its ultra-loose monetary policy.
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