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Asia Pacific stocks traded outside Japan was down 1.2 percent. Shares in Korea fell more than 1 percent with some concern that a strengthening Korean won could hurt export competitiveness. In Hong Kong, the Hang Seng Index shed 2 percent and new listing...
Tags: economic activity, U.S, Federal Reserve, federal reserves, stock futures, oil price, rates unchanged, China, Hong Kong
Analysts have highlighted that the Bank faces the threat of a slowing economy at a time when inflationary pressures are rising. In February, the bank cut rates by a quarter of a percentage point from 5.5%, amid signs of a slowdown. February's
Tags: Bank of England, rates unchanged