Nikkei and KOSPI Both Hit All-Time Highs as the Fed Rocks Wall Street

Japan’s Nikkei 225 and South Korea’s KOSPI both hit all-time highs on June 18 as Asia shrugged off Wall Street’s worst Federal Reserve day under a new Fed chair since 1994. Kevin Warsh held rates steady at his debut meeting, but his committee’s updated forecasts sent a very different message. The Federal Reserve left its