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Bullish Wall Street lifts Asian stock markets ...Qatar
Asian markets rose on Monday following a record-breaking close on Wall Street after Federal Reserve boss Jerome Powell indicated the central bank would be cautious in winding down its ultra-loose monetary policy and was in no hurry to lift interest rates. In a closely watched speech Friday, Powell said the world’s top economy was well on the road to recovery from last year’s pandemic-induced collapse, with millions of jobs recovered and growth at its strongest in decades. The Fed’s bond-buying programme — and colossal government spending worth trillions of dollars — provided crucial support and helped drive an equity market rally for more than a year. But traders have for months been debati
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