Asia stocks on tenterhooks as Fed faces crunch time ahead of rate cut

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Asia stocks on tenterhooks as Fed faces crunch time ahead of rate cut - Business Standard

Quick Summary:

Analysts at ANZ noted that in the last three decades there have been three easing cycles that started off with a cut of more than 25bp, but in each there were concerns about a market rout leading to recession, which is not the case now.

If the Fed does go by half a point, Feroli expects policy makers to also project 100 basis points of cuts this year and 150 basis points for 2025.

MSCI's broadest index of Asia-Pacific shares outside Japan was almost flat, after bouncing 0.8per cent last week.