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Asian stocks crash after US Fed’s hawkish signals: Nikkei slips 1%, Kospi down 1.8%
- The adjustment reflects expectations of hotter inflation in 2025.
- Hong Kong's Hang Seng fell nearly 1%, driven by selling in financial and technology stocks.
- The latest forecasts indicate interest rates will range between 3.75% and 4.0% by the end of 2025.
December 19, 2024
