Asian equities edge up, dollar slides as US Fed Reserve subpoenaed

Fed Chair Jerome Powell confirmed the unprecedented move late Sunday, which he blasted as part of US President Donald Trump's pressure campaign for another rate cut. The Fed has indicated it would hold rates steady. "The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the President," Powell said in a statement late Sunday. Powell said the bank received grand...