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Asia markets sink on hawkish Fed; yen weakens ahead of Bank of Japan decision - CNBC
![Asia markets sink on hawkish Fed; yen weakens ahead of Bank of Japan decision - CNBC](https://image.cnbcfm.com/api/v1/image/106942650-1631757620880-gettyimages-1231882518-HK_BAIDU.jpeg?v=1663810886&w=1920&h=1080)
Asia markets declined on Thursday after the U.S. Federal Reserve raised interest rates and signaled further hikes ahead.
Substantial adjustments to the Bank of Japan's policies are likely to happen only after the central bank's leadership changes in mid-2023, DBS Group Research said in a note Tuesday.
But the BOJ may … [+366 chars]
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