Market Views: What could the Fed rate cut mean for Asian markets?
Following the Federal Reserve’s September rate cut, AsianInvestor explores how dovish US monetary policy is expected to bolster Asian equities and domestic demand.
.jpg&c=1&h=677&q=100&v=20253323&w=1204)
Following Federal Reserve Chair Jerome Powell’s dovish signal at Jackson Hole, the US central bank cut its benchmark interest rate by 25 basis points on September 17, lowering the federal funds rate to a range of 4.00%–4.25%. The decision underscored mounting concerns over a softening US labour market and persistent economic uncertainty, despite inflation remaining above the Fed’s 2% target.
Sign in to read on!
Registered users get 2 free articles in 30 days.
Subscribers have full unlimited access to AsianInvestor
Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
¬ Haymarket Media Limited. All rights reserved.