KUALA LUMPUR: As the political impasse on the domestic scene spills over to a fourth day, Bursa Malaysia is finding some salve in news that the US Federal Reserve is signalling a slowing of interest rate hikes moving forward.
Global sentiment was lifted, with major US indices rising modestly ahead of a national holiday, following the release of Fed minutes that showed policymakers were concerned over the impact of the rapid rate increases on the financial system.
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