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International Business Times
International Business Times
Business
AFP News

Asian Markets Mixed As Fed Officials Push Back On Rate Cut Bets

Asian traders struggled to track another gain on Wall Street (Credit: AFP)

Asian markets were mixed Tuesday after Federal Reserve officials looked to dampen expectations for a series of interest rate cuts next year, while the yen edged up ahead of a closely watched Bank of Japan policy decision later in the day.

Wall Street extended its seemingly relentless advance, fuelled by the US central bank's dovish pivot last week, but investors in Asia were a little more reticent as they assess the economic outlook for the region.

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