Asian markets rally with Wall St after US inflation eases further

Legit | 12-09-2024 02:57pm |

A surge in tech firms Thursday helped Asian markets track a Wall Street rally after data showed US inflation at a more than three-year low, reinforcing expectations the Federal Reserve will cut interest rates next week. The spike in Japan's Nikkei was helped by a drop in the yen sparked by expectations US rates will only likely be cut by the smaller amount.

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