Asian markets steady after Fed cut! Wall Street ends mixed; Oil, gold hold firm
Asian markets steady after Fed cut! Wall Street ends mixed; Oil, gold hold firm
Global markets stabilized following the US Federal Reserve's 25 basis point interest rate cut, though a cautious outlook on further easing tempered initial optimism. US equity futures saw modest gains after a volatile Wall Street session. The Fed's move, described as risk management, aimed to balance employment risks with inflation control, influencing currencies, bonds, and commodities.
Global markets stabilized following the US Federal Reserve's 25 basis point interest rate cut, though a cautious outlook on further easing tempered initial optimism. US equity futures saw modest gains after a volatile Wall Street session. The Fed's move, described as risk management, aimed to balance employment risks with inflation control, influencing currencies, bonds, and commodities.
Global markets stabilized following the US Federal Reserve's 25 basis point interest rate cut, though a cautious outlook on further easing tempered initial optimism. US equity futures saw modest gains after a volatile Wall Street session. The Fed's move, described as risk management, aimed to balance employment risks with inflation control, influencing currencies, bonds, and commodities. 
