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flag Asian stocks rose after the Fed's third 2024 rate cut, boosting regional markets.

flag Asian stock markets rose broadly on Thursday following the U.S. Federal Reserve's decision to cut interest rates for the third time in 2024, signaling a shift toward monetary easing. flag The move, aimed at supporting economic growth amid slowing inflation, boosted investor confidence across the region. flag Major indexes in Tokyo, Sydney, Seoul, and Hong Kong all posted gains, with technology and financial sectors leading the rally. flag Markets had anticipated the cut, but the dovish tone in the Fed's statement reinforced expectations of further rate reductions in 2025.

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