SE Asia Stocks-Rise on fresh Fed rate-cut bets; Indonesia leads
Southeast Asian stock markets ended
higher on Friday with Indonesia leading the pack, as global
shares cheered a revival of deeper U.S. rate-cut hopes following
distinctly dovish commentary from two top Federal Reserve
officials.
Fed Vice Chair Richard Clarida and New York Fed President
John Williams urged policymakers to be proactive in stimulating
the
higher on Friday with Indonesia leading the pack, as global
shares cheered a revival of deeper U.S. rate-cut hopes following
distinctly dovish commentary from two top Federal Reserve
officials.
Fed Vice Chair Richard Clarida and New York Fed President
John Williams urged policymakers to be proactive in stimulating
the
Posted by Reuters
