Global Markets: Asian shares falter, dollar jumps as Powell dampens hopes for more rate cuts

By Swati Pandey SYDNEY (Reuters) - Asian shares fell to six-week lows on Thursday and the dollar rose after the U.S. Federal Reserve delivered a 25-basis-point rate cut as expected but poured cold water on market expectations of a lengthy easing cycle.

The post Global Markets: Asian shares falter, dollar jumps as Powell dampens hopes for more rate cuts appeared first on Firstpost.