6 months ago
stocks
interest rates
Federal Reserve
Asian stocks follow Wall Street rally after Fed rate decision
TLDR
- Asian markets surge following Wall Street's rally after Fed's first rate cut in four years.
- Japan's Nikkei 225 soars 2.1% as inflation data exceeds central bank's target.
- China keeps key lending rates unchanged, refraining from additional monetary stimulus.
- Fed's rate cut shifts focus to maintaining job market stability and avoiding recession.
- Some critics argue Fed's delayed rate cut may have already impacted the economy.
6 months ago
Federal Reserve
interest rates
stock market
Wall Street surges to records as Fed signals rate cuts
6 months ago
Federal Reserve
interest rates
stock market
Wall Street surges to records as Fed signals rate cuts
Latest news
6 months ago
stocks
interest rates
Federal Reserve
Asian stocks follow Wall Street rally after Fed rate decision
- Asian markets surge following Wall Street's rally after Fed's first rate cut in four years.
- Japan's Nikkei 225 soars 2.1% as inflation data exceeds central bank's target.
- China keeps key lending rates unchanged, refraining from additional monetary stimulus.
- Fed's rate cut shifts focus to maintaining job market stability and avoiding recession.
- Some critics argue Fed's delayed rate cut may have already impacted the economy.
6 months ago
Federal Reserve
interest rates
stock market
Wall Street surges to records as Fed signals rate cuts
- Federal Reserve cuts interest rates for the first time in over four years.
- S&P 500, Dow, and Nasdaq reach new record highs following the rate cut announcement.
- Fed projects additional rate cuts in 2024 and 2025.
- Lower rates expected to boost economy and various investment markets.
- Some analysts warn of potential inflationary risks from aggressive rate cuts.