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Asia-Pacific Markets Surge Amid Possible Fed Rate Cut

11/24/2025

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Summary

Story summary

Asia-Pacific markets opened the week positively after New York Federal Reserve President John Williams signaled a potential third rate cut this year.
Williams said labor market weakness is a greater concern than inflation.
The Federal Reserve's final 2025 meeting is set for December 9–10, with a target range of 3.75%–4.00%.
Fed funds futures place a 70% probability of a quarter-percentage-point cut, up from 44% last week.

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Story summary

Asia-Pacific markets opened the week positively after New York Federal Reserve President John Williams signaled a potential third rate cut this year.
Williams said labor market weakness is a greater concern than inflation.
The Federal Reserve's final 2025 meeting is set for December 9–10, with a target range of 3.75%–4.00%.
Fed funds futures place a 70% probability of a quarter-percentage-point cut, up from 44% last week.