Fed's Cautious Stance Sinks Asian Markets
Update: 2025-12-10
Description
Asian stock markets experienced a downturn today as investors grew uncertain about the US Federal Reserves interest rate cut plans. Major indexes in Hong Kong, mainland China, and Japan dropped following Fed minutes indicating a cautious approach to rate cuts. Weaker-than-expected inflation data from China added to economic concerns. Experts suggest the Fed will closely monitor economic reports, while China may need to implement more measures to boost demand and support its economy. Oil prices rebounded slightly, and the US dollar remained stable.
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