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Latin Times
Latin Times
Business
Agence France-Presse (AFP)

Asia Tracks Wall St. Rally After US Jobs Data, Fed Minutes

The softening US jobs market has given the Federal Reserve room to start cutting interest rates (Credit: AFP)

Stocks edged up in Asia on Thursday after Wall Street returned to winning ways on the back of softer-than-expected jobs data and minutes showing some Federal Reserve officials were open to an interest rate cut at their meeting last month.

The readings reinforced optimism that the central bank will begin unwinding its long-running monetary tightening campaign, with analysts saying the main debate is over how big the move will be and how many more will follow.

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