May 6, 2026

Federal Reserve interest rate cut

Asian stocks today: Markets jump following Wall Street's path; HSI rises over 1.4%, Nikkei adds over 400 points

Asian stocks today: Markets jump following Wall Street’s path; HSI rises over 1.4%, Nikkei adds over 400 points

admin02 mins

Asian markets rose on Friday, mirroring a record-breaking session on Wall Street following the Federal Reserve’s recent interest rate cut. Investors appeared optimistic, even as concerns over high tech valuations lingered after earnings disappointments from Oracle and Broadcom.Hong Kong’s HSI added 379 points or 1.48% to 25,909. Nikkei was trading up 429 points or 0.86%,…

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Divided Fed cuts rates by 25bps, signals pause

Divided Fed cuts rates by 25bps, signals pause

admin02 mins

NEW YORK: After three consecutive interest rate cuts, investors now confront an uncertain US monetary policy outlook for the year ahead, clouded by persistent inflation, data gaps, and an impending leadership change at Federal Reserve.The US Federal Reserve cut interest rates by a quarter-percentage point on Wednesday in an uncommonly divided vote, but signaled it…

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