Asian Stocks Rally as Fed Eases Tariff Concerns

Reported about 14 hours ago

Asian stocks saw gains following reassurances from the Federal Reserve regarding inflation and interest rates, despite doubts about its ability to implement significant rate cuts due to potential trade tariffs. U.S. equity futures experienced a decline after previous gains, reflecting ongoing concerns regarding economic growth, influenced by trade tensions and shifting market sentiments. Meanwhile, bond yields dropped and commodities like copper rose sharply amid tariff fears.

Source: YAHOO

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