Release Of Fed Minutes Boosts Global Economy

Asian shares rose on Friday, taking their cue from a jump in oil prices as well as gains on Wall Street after minutes of the Federal Reserve's latest meeting led investors to further pare bets that the central bank will hike interest rates this year. The Fed minutes revealed the extent to which policymakers are concerned that a global economic slowdown might threaten the U.S. economic outlook. Though they said overseas turmoil had not "materially altered" economic prospects, they opted to hold interest rates steady last month. http://feeds.reuters.com/~r/reuters/topNews/~3/GrfIC1c1QAw/story01.htm http://www.wochit.com This video was produced by Wochit using http://wochit.com