Asian stocks open positive, Fed chairman signals interest rate cut
Asian stocks open positive, Fed chairman signals interest rate cut Watch US President Joe Biden deliver his annual policy statement to Congress.
Asian stock market The morning session opened mostly positive today (8 March 2567) after Mr. Jerome Powell, Chairman of the Federal Reserve (Fed) It signals that the policy interest rate cut may not last too long. If inflation signals support
Hang Seng Index, Hong Kong Stock Market The morning session opened at 16,275.39 points, an increase of 45.61 points or +0.28% and Shanghai Composite Index, China Stock Market The morning session opened at 3,026.17 points, down 1.23 points or -0.04%, while Nikkei Index The market opened at 39,809.56 points, an increase of 210.85 points or +0.53%.
In a statement to a committee of the United States Senate Powell did not give a clear time frame for cutting the policy rate. But it said it would cut the policy interest rate soon.
Investors will be watching US President Joe Biden deliver his annual State of the Union policy statement to the US Congress on Thursday, March 7 at 21.00:09.00 p.m. US time. or today at XNUMX:XNUMX a.m. Thai time
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