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Global Stock Market

FOMC Minutes: Majority Backs Jumbo Cut, But Some Favor More Cautious Approach

The Federal Reserve released minutes from its latest policy meeting on Wednesday, revealing a nuanced approach to monetary policy as the central bank navigates a complex economic landscape. While a majority of policymakers supported a 50 basis points (bps) reduction in the federal funds rate, the minutes also highlighted a …

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Asian Markets Decline Amid U.S. Rate Concerns, China Surges on Stimulus

Most Asian markets fell on Tuesday, following Wall Street’s overnight weakness, as a strong U.S. labor market reinforced expectations that interest rates will remain high. However, Chinese markets bucked the trend, rallying sharply as trade resumed post-holiday and investors responded to Beijing’s stimulus measures. China Outperforms as Stimulus Boosts ConfidenceChinese …

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