Asia markets take a hit as blockbuster US jobs batter rate cut hopes

Hong Kong (AFP) Feb 5, 2024

Asian markets mostly fell Monday after a forecast-busting US jobs report and comments by Federal Reserve boss Jerome Powell shattered any remaining hopes for a March interest rate cut. Decision-makers left traders disappointed last week when they said after their latest meeting they were unlikely to loosen policy at their next gathering. There were still some rumblings of a change in vie