18 Sep 2025 | 5 Mins Read
Asian stocks, dollar cautious amid Fed rate cut assessment
Flipitmoney
Global stock markets steadied after the Federal Reserve cut interest rates, with US equity futures up 0.3%. Asia markets led gains, with shares in Korea and Taiwan rising 0.7%. Fed Chair Jerome Powell tempered aggressive easing expectations, citing stronger US GDP forecasts and inflation projections. The US dollar index surged back to 97.074, while stocks stumbled on Wednesday.