Yen weakens after Bank of Japan holds rates; Asian markets sink on hawkish Fed

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Pedestrians walk past the Exchange Square complex, which houses the Hong Kong Stock Exchange, in Hong Kong, China, on Tuesday, March 23, 2021. Asia markets traded lower on Thursday after the U.S. Federal Reserve raised interest rates and signaled further hikes ahead. U.S. stocks were volatile and closed sharply lower following the announcement. In Hong Kong, the Hang Seng index fell 1.82%, with ...

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