Asian markets fluctuate as investors assess Fed rate cut possibility amid strong US job growth.
Asian markets fluctuated as investors weigh the Federal Reserve's interest rate cut possibility amid strong US job growth. Wall Street's main indexes rose due to 303,000 new jobs in March, but the strong data could prevent the Fed from cutting rates three times in 2024, as previously indicated. Asian investors struggled with mixed outcomes as some markets rose and others fell. The dollar firmed as investors considered the Fed's interest rate cut. Inflation and geopolitical tensions remain significant market focuses.
April 07, 2024
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