Asian markets fluctuate after Fed cuts interest rates
Mihaela Măncilă
HONG KONG: Equities wavered in Asia on Thursday (Sep 18) after the United States Federal Reserve (Fed) lowered interest rates but left investors wondering how many more cuts were in the pipeline despite boss Jerome Powell warning about the struggling jobs market. On the heels of recent economic reports showing weaker job growth, the US central bank said it would lower borrowing costs 25 basis points, its first reduction since December. The 11-1 decision to cut - US President Donald Trump's
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