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Asian stocks stagger as traders prepare for expected US rate cut
Asian stocks stagger as traders prepare for expected US rate cut
Economy
by  AFP

Asian equities drifted Monday as investors gear up for an expected US interest rate cut this week, with debate centring on the likelihood the Federal Reserve will continue easing monetary policy further into the new year. The data did little to move the needle on rate expectations but showed that it remains stubbornly above officials' target.