CNBC Morning Squawk APAC

MORNING SQUAWK APAC Thursday, 28 July 2022 Asia-Pacific markets gain after the Fed hikes rates Shares in the Asia-Pacific region climbed on Thursday following the U.S. Federal Reserve's decision to raise rates by 75 basis points. » Read more Fed hikes interest rates by 0.75 percentage point for second consecutive time to fight inflation The Federal Open Market Committee released its post-meeting statement Wednesday on what it will be doing with interest rates. » Read more Biden's call with Xi Jinping will focus on areas of U.S.-China cooperation, not just tension "There's issues where we can cooperate with China," White House spokesman John Kirby said ahead of a high stakes call between Biden and Xi Jinping. » Read more Market jump after Fed rate hike is a 'trap,' Morgan Stanley's Mike Wilson warns investors Morgan Stanley's Mike Wilson believes stocks are on a collision course with more pain due to the economic slowdown. » Read more Meta reports earnings, revenue miss and forecasts second straight quarter of declining sales Meta's second-quarter earnings report comes after a 50% plunge in the company's stock price this year. » Read more Today's Guest Highlights on CNBC All times in SIN/HK 10:00 Taimur Baig Chief Economist / DBS Asian Macro + FOMC 11:00 Richard Martin  Managing Director / IMA Asia Asian Macro + FOMC 12:00 Robert Heller Former Federal Reserve Governor  FOMC Send to a friend  |  Advertise  |  More newsletters  |  Digital Products  |  Unsubscribe © CNBC Inc. All Rights Reserved. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632