HONG KONG – Asian markets were mixed Thursday as investors took a breather after the latest rally, while they try to assess when the Federal Reserve will begin to wind down its vast monetary easing programme.
After a troubled start to the week, equities across much of the region have enjoyed healthy gains the past two days as US central bank chiefs looked to temper fears that record-low interest rates and colossal bond-buying were in their final throes.
Traders have for months worried that the blistering global recovery will fan inflation and force officials to act.
And the Fed — which has consistently said recent inflation spikes were temporary and it will mainta…
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