Fed holds rates; 2 cuts in 2025 still in play

But there was substantial disagreement among policymakers about the appropriate path of policy, reflecting uncertainty over how the Trump administration’s trade and other policies will play out in the real economy, and how the Federal Reserve should respond.

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Asian stocks tread water at the start of Fed week

Asian stocks opened cautiously as traders assessed strained China-Japan relations and upcoming central bank decisions. Investor caution grew regarding the AI rally’s sustainability, with markets