Asian stocks drop after the Fed cuts rate-cut forecast, joining Wall Street's decline.

Asian stocks have fallen following Wall Street's decline after the US Federal Reserve cut its rate-cut forecast. The Federal Reserve's decision, alongside the Bank of Japan's intervention to stabilize the yen, has contributed to the market downturn. Investors are adopting a cautious approach, awaiting further economic policy updates and inflation news.

December 19, 2024
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