Asian stocks higher ahead of Fed rate decision


              The Federal Reserve interest rate announcement is displayed on the floor of the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              A person watches an electronic stock board showing Japan's Nikkei 225 index at a securities firm Thursday, Feb. 2, 2023, in Tokyo. Asian stock markets gained Thursday after the Federal Reserve said the U.S. economy is moving toward lower inflation but more interest rate hikes are planned. (AP Photo/Eugene Hoshiko)
            
              A person wearing a protective mask moves past an electronic stock board showing Japan's Nikkei 225 index at a securities firm Thursday, Feb. 2, 2023, in Tokyo. Asian stock markets gained Thursday after the Federal Reserve said the U.S. economy is moving toward lower inflation but more interest rate hikes are planned. (AP Photo/Eugene Hoshiko)
            
              A person stands in front of an electronic stock board showing Japan's Tokyo Stock Price at a securities firm Thursday, Feb. 2, 2023, in Tokyo. Asian stock markets gained Thursday after the Federal Reserve said the U.S. economy is moving toward lower inflation but more interest rate hikes are planned. (AP Photo/Eugene Hoshiko)
            
              People wearing protective masks stand near an electronic stock board showing Japan's Nikkei 225 index at a securities firm Thursday, Feb. 2, 2023, in Tokyo. Asian stock markets gained Thursday after the Federal Reserve said the U.S. economy is moving toward lower inflation but more interest rate hikes are planned. (AP Photo/Eugene Hoshiko)
            
              Traders on the floor at the New York Stock Exchange watch Federal Reserve Chair Jerome Powell's news conference after the Federal Reserve interest rate announcement in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders on the floor at the New York Stock Exchange watch Federal Reserve Chair Jerome Powell's news conference after the Federal Reserve interest rate announcement in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders on the floor at the New York Stock Exchange watch Federal Reserve Chair Jerome Powell's news conference after the Federal Reserve interest rate announcement in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders on the floor at the New York Stock Exchange watch Federal Reserve Chair Jerome Powell's news conference after the Federal Reserve interest rate announcement in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. You may be sick of politics, but Wall Street is just getting to its favorite part of the presidential calendar. The third year of the presidential cycle has historically been the best for the stock market. (AP Photo/Seth Wenig
            
              Traders on the floor at the New York Stock Exchange watch Federal Reserve Chair Jerome Powell's news conference after the Federal Reserve interest rate announcement in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders on the floor at the New York Stock Exchange watch Federal Reserve Chair Jerome Powell's news conference after the Federal Reserve interest rate announcement in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders on the floor at the New York Stock Exchange watch Federal Reserve Chair Jerome Powell's news conference after the Federal Reserve interest rate announcement in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders on the floor at the New York Stock Exchange watch Federal Reserve Chair Jerome Powell's news conference after the Federal Reserve interest rate announcement in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. You may be sick of politics, but Wall Street is just getting to its favorite part of the presidential calendar. The third year of the presidential cycle has historically been the best for the stock market. (AP Photo/Seth Wenig
            
              Traders on the floor at the New York Stock Exchange watch Federal Reserve Chair Jerome Powell's news conference after the Federal Reserve interest rate announcement in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders on the floor at the New York Stock Exchange watch Federal Reserve Chair Jerome Powell's news conference after the Federal Reserve interest rate announcement in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders on the floor at the New York Stock Exchange watch Federal Reserve Chair Jerome Powell's news conference after the Federal Reserve interest rate announcement in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders on the floor at the New York Stock Exchange watch Federal Reserve Chair Jerome Powell's news conference after the Federal Reserve interest rate announcement in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. You may be sick of politics, but Wall Street is just getting to its favorite part of the presidential calendar. The third year of the presidential cycle has historically been the best for the stock market. (AP Photo/Seth Wenig
            
              Traders on the floor at the New York Stock Exchange watch Federal Reserve Chair Jerome Powell's news conference after the Federal Reserve interest rate announcement in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders on the floor at the New York Stock Exchange watch Federal Reserve Chair Jerome Powell's news conference after the Federal Reserve interest rate announcement in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders on the floor at the New York Stock Exchange watch Federal Reserve Chair Jerome Powell's news conference after the Federal Reserve interest rate announcement in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders on the floor at the New York Stock Exchange watch Federal Reserve Chair Jerome Powell's news conference after the Federal Reserve interest rate announcement in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders on the floor at the New York Stock Exchange watch Federal Reserve Chair Jerome Powell's news conference after the Federal Reserve interest rate announcement in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders on the floor at the New York Stock Exchange watch Federal Reserve Chair Jerome Powell's news conference after the Federal Reserve interest rate announcement in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders on the floor at the New York Stock Exchange watch Federal Reserve Chair Jerome Powell's news conference after the Federal Reserve interest rate announcement in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Feb. 1, 2023. (AP Photo/Seth Wenig)
            
              FILE - Visitors to the financial district walk past the New York Stock Exchange, Friday, Sept. 23, 2022, in New York.  (AP Photo/Mary Altaffer, File)
            
              FILE - Visitors to the financial district walk past the New York Stock Exchange, Friday, Sept. 23, 2022, in New York.  (AP Photo/Mary Altaffer, File)
            
              FILE - Visitors to the financial district walk past the New York Stock Exchange, Friday, Sept. 23, 2022, in New York.  (AP Photo/Mary Altaffer, File)
            
              A currency trader walks by the screens showing the foreign exchange rates at a foreign exchange dealing room in Seoul, South Korea, Wednesday, Feb. 1, 2023. Asian stock markets were higher Wednesday after Wall Street rose ahead of what traders hope will be the last Federal Reserve interest rate hike for some time. (AP Photo/Lee Jin-man)
            
              A currency trader works near the screens showing the foreign exchange rates at a foreign exchange dealing room in Seoul, South Korea, Wednesday, Feb. 1, 2023. Asian stock markets were higher Wednesday after Wall Street rose ahead of what traders hope will be the last Federal Reserve interest rate hike for some time. (AP Photo/Lee Jin-man)
            
              A currency trader talks on the phone near the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Wednesday, Feb. 1, 2023. Asian stock markets were higher Wednesday after Wall Street rose ahead of what traders hope will be the last Federal Reserve interest rate hike for some time. (AP Photo/Lee Jin-man)
            
              A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Wednesday, Feb. 1, 2023. Asian stock markets were higher Wednesday after Wall Street rose ahead of what traders hope will be the last Federal Reserve interest rate hike for some time. (AP Photo/Lee Jin-man)
            
              Currency traders watch computer monitors at a foreign exchange dealing room in Seoul, South Korea, Wednesday, Feb. 1, 2023. Asian stock markets were higher Wednesday after Wall Street rose ahead of what traders hope will be the last Federal Reserve interest rate hike for some time. (AP Photo/Lee Jin-man)
Asian stocks higher ahead of Fed rate decision