Asian shares drop on Fed minutes, dollar extends gain
TOKYO (Reuters) – Asian shares fell on Friday, tracking overnight weakness in global equities, but the dollar gained as U. S. debt yields rose after several Federal Reserve officials expressed concerns about continuing to expand stimulative bond buying. Minutes from the Fed’s December policy meeting released on Thursday showed some voting members of the Federal Open Market Committee were increasingly concerned about the potential risks of the Fed’s asset purchases on financial markets, even if it look set to continue an open-ended stimulus program for now. . . .
View full post on Business News Headlines – Yahoo! News
Leave a Reply