Reported 22 days ago
Asian stock markets showed mixed results as traders anticipate the Federal Reserve's upcoming decision on interest rates, which is expected to be a cut. Japan's Nikkei fell by 1%, while Hong Kong's Hang Seng index rose by 1.3%. The Fed's decision is highly awaited due to its potential impact on the economy, with expectations for a significant rate cut. U.S. markets also reacted, with the Dow hitting a record high, while concerns linger about inflation and the possible recession.
Source: YAHOO