18 Sep 2025 | 3 Mins Read
Asian markets mixed following US Federal Reserve's rate cut
Flipitmoney
Asian markets initially weakened after the US Federal Reserve cut its benchmark rate, while Japan's Nikkei 225 gained 0.31%, and South Korea's Kospi advanced 0.43%. The US Fed signaled two additional rate cuts this year, one in 2026 and 2027. The Dow rose 0.57% to 46,018.32, while the S&P 500 fell 0.10% and Nasdaq declined 0.32%.