Asian stocks rally on Fed cut hopes; oil prices dip on demand concerns
Asian stock markets surged, mirroring Wall Street's record highs, fueled by expectations of a US Federal Reserve interest rate cut next week. Optimism stems from recent US inflation and employment data, suggesting room for policy easing.Asian stock markets surged, mirroring Wall Street’s record highs, fueled by expectations of a US Federal Reserve interest rate cut next week. Optimism stems from recent US inflation and employment data, suggesting room for policy easing.
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