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Indebta > Markets > Asian markets rise as Fed holds rates steady, China posts weaker economic data
Markets

Asian markets rise as Fed holds rates steady, China posts weaker economic data

News Room
Last updated: 2023/06/15 at 6:29 AM
By News Room
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TOKYO — Asian shares were mostly higher Thursday after the U.S. Federal Reserve held interest rates steady.

Data from China showed consumer and factory activity weakened in May and record-breaking unemployment among young people in cities rose as an economic rebound following the end of anti-virus controls slowed. Consumers, uneasy about possible job losses, have returned to shops and restaurants less quickly than expected.

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News Room June 15, 2023 June 15, 2023
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