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RSS FeedsAsian shares mixed following Fed`s decision to cut rates
(WorldNews Health)

 
 

19 september 2019 08:15:23

 
Asian shares mixed following Fed`s decision to cut rates
(WorldNews Health)
 


BANGKOK (AP) - Shares were mixed in Asia on Thursday, with Tokyo and Sydney logging modest gains after the Federal Reserve cut its benchmark interest rate for a second time this year, citing slowing global economic growth and uncertainty over U.S. trade conflicts. Japan`s central bank opted to keep its own monetary policy unchanged and its key interest rate at minus 0.1%, as expected. The decision came amid signs of weaker consumer demand and exports and dimming confidence in the business outlook. `The bank did highlight increasing downside risks from external demand and stated that it will pay closer attention to the...


 
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