SE Asia Stocks-Trade in tight range as Fed’s sunny outlook tempers sharp rate-cut hopes
Most Southeast Asian stock markets
traded in a tight range on Thursday, as the U.S. Federal
Reserve’s bright domestic economic outlook curbed expectations
of extensive policy easing and renewed tariff-war fears soured
risk appetite.
The Fed’s Beige Book portrayed an economy that was largely
in good shape ahead of a July 30-31 meeting at which the central
bank is widely ex
traded in a tight range on Thursday, as the U.S. Federal
Reserve’s bright domestic economic outlook curbed expectations
of extensive policy easing and renewed tariff-war fears soured
risk appetite.
The Fed’s Beige Book portrayed an economy that was largely
in good shape ahead of a July 30-31 meeting at which the central
bank is widely ex
Posted by Reuters
