22-08-2016 10:38 via news.yahoo.com

Asian markets mostly fall, dollar up on Fed rate talk

Most Asian markets fell Monday but the dollar rose on bets on a US interest rate hike this year after the Federal Reserve's vice chairman said the country's economy was picking up. Stanley Fischer said Sunday the world's top economy was meeting all the Fed's targets and that growth would improve, hinting that borrowing costs could rise this year. Fischer was speaking as his boss, Janet Yellen, prepares to give a closely watched speech at the Jackson Hole gathering of global central bankers Frida
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