
Asian Markets Gain Ahead Of Fed Rate Cut Decision
Asian stocks pushed higher on Tuesday, extending Wall Street’s record-breaking momentum, as traders prepared for what is widely expected to be a US interest rate cut this week. The move comes as investors also monitor potential talks between President Donald Trump and Chinese leader Xi Jinping.
The Federal Reserve’s policy decision, due Wednesday, is viewed as a near certainty, but market focus has shifted to the central bank’s “dot plot” projections for borrowing costs in the months ahead. Investors will also parse comments from Fed Chair Jerome Powell for signals on how aggressively the bank may ease policy as the …