Asian stocks surge into weekend with US rate cut 'seemingly locked in'

Legit | 12-09-2025 02:58pm |

Asian markets surged again Friday, tracking record highs across Wall Street, after US inflation and jobs data all but set in stone a Federal Reserve interest rate cut next week. A report last week revealed the economy added just 22,000 jobs in August, while revised data showed job growth was more than 900,000 fewer than previously reported in the year through March.

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