๐Ÿ‡ฎ๐Ÿ‡ถ
Irak HaberleriIraq News in English
Loading...About
Asian markets slide as Fed's Warsh hints at rate hikes

Asian markets slide as Fed's Warsh hints at rate hikes

๐Ÿ“ Iraq๐Ÿ“† Monday๐Ÿ“… 31 August 2026๐Ÿ• 05:52โœ๏ธ Irak Haberleri
๐ŸŽง Listen to this article
A dedicated English MP3 is generated for this article.
Tap listen to prepare the audio.
Asian stock markets declined on Monday after U.S. Federal Reserve Chair Kevin Warsh made hawkish comments, prompting investors to raise their expectations for further interest rate increases in the United States. The shift in outlook added to selling pressure across Asian trading floors. Oil prices rose as geopolitical risk perception increased following renewed military tensions between the United States and Iran, supporting demand for energy assets. Traders said the combination of tighter U.S. monetary policy prospects and Middle East security concerns weighed on broader market sentiment. Investors moved toward safe-haven assets as global risk appetite weakened, according to market participants. Attention remains focused on the Fed's policy direction and security developments in the Middle East, with no further details immediately available.