Eyes on Fed’s rate decision as China fears dent sentiment
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TOKYO Debate is swirling around how big an expected U.S. interest rate cut will be this week, while market sentiment is being dragged by worries about the Chinese economy. The yen edged to a new high since December ahead of the Federal Reserve decision on Sept. 18 and a policy meeting at the Bank of Japan two days later. Data showing U.S. inflation slowed more than expected last month to its weakest pace since February 2021 has sparked fresh talk that Fed officials will announce a bumper 50-
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