And the Federal Reserve cutting interest rates by a quarter uh percentage point was a interesting called risk management uh by JPAL. Kind of an interesting term. We asked Roger Ferguson about what he thinks that means.It was the first cut since late last year. The vote was 11 to1. One uh new Fed Governor Steven Myron voting for a 50 basis point reduction.The Fed signaling two more cuts could be on the horizon before uh the end of the year. But there was a wide disparity among expectations. >> Ordinarily, wh ...

Japan's benchmark Nikkei 225 rose nearly 0.6% at the open to a record high Thursday, led by gains in the real estate and technology sectors. The gains were led by chemical company Resonac Holdings, which jumped 10%, semiconductor manufacturer Screen Holdings, which added 4.5%, and industrial electronics manufacturer Tokyo Electron, which gained 3.9%.Other Asia-Pacific markets traded mixed after the Federal Reserve lowered its benchmark rate as expected on Wednesday, with Fed Chairman Jerome Powell framing t ...