Asian markets rose as US data eased inflation concerns, and Powell hinted at potential interest rate cuts.
Asian markets rose as US data eased inflation concerns and Fed Chair Jerome Powell suggested interest rate cuts could still happen this year. Market expectations had been dampened by recent reports suggesting a strong economy and sticky prices, leading some to question whether the Fed would ease monetary policy. Powell's reassurances helped alleviate some of these concerns.
April 04, 2024
10 Articles