Asia-Pacific markets set for mixed open after Fed casts doubt on another rate cut in December

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Asia-Pacific markets set for mixed open after Fed casts doubt on another rate cut in December

cnbc.com/2025/10/30/asia-markets-live-trump-xi-meeting-fed-cut.html

Asia-Pacific markets were set for a mixed open Thursday, after U.S. Federal Reserve Chair Jerome Powell indicated that a rate cut in December was far from a "foregone conclusion."
The Fed on Wednesday slashed the benchmark federal funds rate by 25 basis points, as expected, to bring it to…

This story appeared on cnbc.com, 2025-10-29 23:55:55.