Asia rallies as Fed touts economic strength; Bank Indonesia in focus

EMERGING Asian stocks and currencies jumped on Thursday as a hawkish tilt by the U.S. Federal Reserve matched expectations and encouraged investors with the view that policy tightening would not hinder growth.

Hopes of more stimulus in China and progress in peace talks between Ukraine and Russia also aided sentiment and pressured the dollar, which was at risk of spurning its weeks-long momentum, as the Fed's statement lacked any tough surprises.