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Fed cut sets stage for Asia's next easing wave amid trade strains
CNBC·2025-09-19 09:09

Several flags including that of the United States, Cambodia, the European Union, Japan and ASEAN are seen outside a building in Krong Siem Reap, Cambodia, on July 27, 2025.Asian central banks may find more room to ease policy after the Federal Reserve cut interest rates by a quarter percentage point Wednesday and signaled more reductions ahead, as the region contends with trade headwinds and currency pressures.The cut brought the Fed's benchmark overnight lending rate to 4%-4.25%. Fed Chair Jerome Powell fr ...