Asian Stocks Up, Investors Weighed the Fed’s Determination to Tame Inflation

7th JULY, 2022

Thursday morning traders were analyzing the U.S. Federal Reserve’s June meeting minutes, which indicated the organization’s commitment to fighting inflation, and the bulk of Asia Pacific stocks was higher. Japan’s Nikkei 225 jumped 1.24% by 10:55 PM ET (2:55 AM GMT). South Korea’s KOSPI gained 1.73%. Australia, the ASX 200 rose 0.35%. Hong Kong’s Hang Seng was down 0.49%. China’s Shanghai Composite was