Asian shares track Wall Street rallies as a US interest rate cut next week looks more certain

Asian shares track Wall Street rallies as a US interest rate cut next week looks more certain https://www.taxtmi.com/news?id=55454 Markets rallied on firm expectations that the Federal Reserve will cut its policy interest rate, a view underpinned by signs of a cooling job market that traders judged more decisive than modestly elevated inflation. Rate-cut prospects eased Treasury yields and bolstered rate-sensitive sectors, while regional policy reports-such as possible state-bank support for local government bills in China-and tariff-related inflation risks shaped broader market and currency responses. en-us Fri, 12 Sep 2025 11:46:03 +0530 Fri, 12 Sep 2025 11:46:03 +0530 TaxTMI RSS Generator Asian shares track Wall Street rallies as a US interest rate cut next week looks more certain https://www.taxtmi.com/news?id=55454 Markets rallied on firm expectations that the Federal Reserve will cut its policy interest rate, a view underpinned by signs of a cooling job market that traders judged more decisive than modestly elevated inflation. Rate-cut prospects eased Treasury yields and bolstered rate-sensitive sectors, while regional policy reports-such as possible state-bank support for local government bills in China-and tariff-related inflation risks shaped broader market and currency responses. News - Fri, 12 Sep 2025 11:46:03 +0530 https://www.taxtmi.com/news?id=55454