Stocks drop after Fed comments as Mideast fears lift crude
Government
Edition: Singapore Indonesia Asia US/UK HONG KONG: Equities fell on Thursday (Jun 19) after the Federal Reserve warned Donald Trump's trade war could reignite US inflation and dampen economic growth, while oil rose on Middle East concerns as investors awaited developments in the Israel-Iran conflict . While geopolitical tensions are the key focus for markets, traders eyed the US central bank's latest meeting Wednesday as officials discussed monetary policy in light of the president's tariff
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